Central bank

Institution that supplies an economy with currency.

The objectives of a central bank include stabilizing the value of money, eliminating unemployment, and achieving balanced economic growth.

On 1 January 1999, the central banks of the individual Euroland countries were superseded by the European Central Bank, which is located in Frankfurt.

Our glossary explains important financial terms and should not leave any questions unanswered. However, if you are missing a definition, please write to us at We will then include the term if possible.