ALL meanings of federal reserve system
fed·er·al re·serve sys·tem
F f - noun federal reserve system a U.S. federal banking system that is under the control of a central board of governors (Federal Reserve Board) with a central bank (Federal Reserve Bank) in each of 12 districts and that has wide powers in controlling credit and the flow of money as well as in performing other functions, as regulating and supervising its member banks. 1
- noun federal reserve system (in the US) a banking system consisting of twelve Federal Reserve Districts, each containing member banks regulated and served by a Federal Reserve Bank. It operates under the supervision of the Federal Reserve Board and performs functions similar to those of the Bank of England 0
- noun federal reserve system a centralized banking system in the U.S. under a Board of Governors (formerly called the Federal Reserve Board) with supervisory powers over twelve Federal Reserve Banks, each a central bank for its district: established in 1913, it is intended to regulate banking and the economy by controlling the supply of money and credit 0