CENTRAL BANK Definition

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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

VALUATION PROCEDURE is the act, manner, and technique of performing the steps of an appraisal method.

STOCK CERTIFICATE is a certificate establishing ownership of a stated number of shares in a corporations stock.

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