Central bank: A central bank is a government-appointed independend institution responsible for overseeing a country's monetary system and financial stability. It manages the currency supply, regulates commercial banks, and sets interest rates to achieve economic objectives such as price stability and full employment._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. |