Central bank


 

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Central bank

The institution in a country (or a currency area) that is normally (but see currency board) responsible for managing to supply of the country's money and the value of its currency on the foreign exchange market.

Central bank

The major regulatory bank in a country, usually government controlled.The UK central bank is the Bank of England; Germany's is the Bundesbank; in the US it is the Federal Reserve System.



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Central Limit Theorem

Central Limit Theorem

The Law of Large Numbers states that as a sample of independent, identically distributed random numbers approaches infinity, its probability density function approaches the normal distribution. See: Normal Distribution.


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Intelligence gathering (and espionage) agency of the United States government, publisher of the World Fact Book.


Central register

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A computerised database of some 50,000 investment firms which have been authorised to conduct investment business. The Register is maintained by the senior investment regulator, the Financial Services Authority (FSA) and enables the public to check whether a firm is authorised.


Central bank intervention

Central bank intervention

See exchange market intervention.


Central Warrants Trading Service

Central Warrants Trading Service

The Central Warrants Trading Service is the automatic execution order book system on the London Stock Exchange.


Further Suggestions

European Central Bank (ECB)
Central planning
Central bank intervention
Central parity
Central American Common Market
Central and Eastern European countries


 
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