Federal Reserve Bank

Federal Reserve Bank definition - business

Federal Reserve Bank

One of 12 regional banks plus 25 branches of the Federal Reserve System. The banks operate a nationwide payments system, supervise and regulate member banks, and provide services for the U.S. Treasury.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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