CENTRAL BANK Definition

Bookmark and Share

CENTRAL BANK is 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 U.S. it is the Federal Reserve System.

Learn new Accounting Terms

NEW DEBTOR is an entity that becomes bound as debtor by a security agreement previously entered into by another entity.

FINANCIAL GEARING reflects any borrowing that the company may have undertaken. Operating income will become more volatile with increased financial gearing (borrowing). Thus the shares will have more risk attached to them. More borrowing, more risk. See GEARING and OPERATIONAL GEARING.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.