EUROPEAN CENTRAL BANK

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

The central bank of those members of the European Union who share a common currency

Example:

The European Central Bank is Europe's equivalent of the Federal Reserve

Classified under:

Nouns denoting groupings of people or objects

Hypernyms ("European Central Bank" is a kind of...):

central bank (a government monetary authority that issues currency and regulates the supply of credit and holds the reserves of other banks and sells new issues of securities for the government)

Credits

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