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单词 federal reserve
释义

Federal Reserven.

Brit. /ˌfɛd(ə)rəl rᵻˈzəːv/, /ˌfɛd(ə)rl̩ rᵻˈzəːv/, U.S. /ˌfɛd(ə)rəl rəˈzərv/, /ˌfɛd(ə)rəl riˈzərv/
Forms: also with lower-case initials.
Origin: Formed within English, by compounding. Etymons: federal adj., reserve n.
Etymology: < federal adj. + reserve n.
U.S.
The system of banks which administers the reserve money available to U.S. banks under the Federal Reserve Act of 1913, and so manages the country's money supply; the board which regulates this system (= Federal Reserve Board n. at Compounds 2); (also) the reserve money held in this system.Recorded earliest in attributive use: see Compounds.
ΘΚΠ
society > trade and finance > money > funds or pecuniary resources > [noun] > of a sovereign or state
exchequer1565
fiscal1590
fisc1599
finances1656
the public purse1659
public finance1676
Consolidated Fund1753
federal fund1836
money supply1871
treasury-chest1877
Federal Reserve1913
Fed1942
monetary aggregate1946
1913 Wall St. Jrnl. 4 June 8/4 It has been suggested that the Treasury Department establish a division to be called the ‘Federal Reserve Division’, which should conduct reserve agencies in each reserve city to exercise the functions of the proposed reserve banks.
1915 H. P. Willis (title) The Federal Reserve: a study of the banking system of the United States.
1969 Times Suppl. 5 May p. iii/3 This will be the time for the Federal Reserve to display its determination not to repeat the mistakes of 1967 and 1968 by reflating too quickly.
1980 Los Angeles Times 19 Feb. i. 1/1 The nation's major banks, forced to pay more on borrowed money from the Federal Reserve, today raised prime lending rates.
1986 Times 12 May 17/1 The Federal Reserve is..in a state of confusion.
2013 Wall St. Jrnl. 9 Apr. c1/6 Market watchers are comparing the phenomenon with the ‘wall of money’ the Federal Reserve put up in 2008 when it launched its own stimulus program.

Compounds

C1. General attributive, as Federal Reserve note, Federal Reserve system.
ΘΚΠ
society > trade and finance > money > funds or pecuniary resources > [adjective] > funds of sovereign or state
fiscal1570
bursal1837
Federal Reserve1913
hip pocket1946
1913Federal Reserve Division [see main sense].
1914 Q. Jrnl. Econ. Feb. 237 (heading) Federal Reserve notes and National Bank notes.
1915 H. P. Willis Federal Reserve vi. 124 The Federal reserve ‘system’ is..a plan for the creation of a number of reserve institutions.
1931 Star 8 May 27/4 A desire of the Federal Reserve authorities to discourage further gold imports.
1943 J. D. Hicks Short Hist. Amer. Democracy 664 The law also provided for a new type of currency, Federal Reserve notes, which would vary in quantity according to the needs of business.
1987 W. Greider Secrets of Temple i. i. 21 Bank stocks, government bonds and other financial assets whose value might be directly affected by Federal Reserve decisions.
2011 Vanity Fair Oct. 120/2 The implications for Federal Reserve independence, given increased executive-branch authority during a declared national emergency.
C2.
Federal Reserve bank n. each of the twelve regional banks which regulate and serve the member banks of the Federal Reserve system.In quot. 1910: a proposed central bank for administering federal currency reserves; see reserve bank n.
ΚΠ
1910 Washington Post 30 Mar. 4/3 The Federal reserve bank would have the power to buy and sell gold bullion and gold coin.]
1913 Chicago Tribune 18 June 1 In each federal reserve city the organization committee will organize a federal reserve bank.
1982 S. B. Flexner Listening to Amer. 187 Today, about 90 percent of our paper money is in Federal Reserve Notes issued through the twelve Federal Reserve Banks.
2012 N. Silver Signal & Noise Notes 465 Figures are based on reports from the Federal Reserve Bank of New York.
Federal Reserve Board n. the board regulating the Federal Reserve system and consisting of governors appointed by the U.S. President with Senate approval.
ΘΚΠ
society > trade and finance > money > funds or pecuniary resources > [noun] > of a sovereign or state > governing body of
Federal Reserve Board1913
1913 Q. Jrnl. Econ. Aug. 743 Its administration was placed under the control and direction of the Federal Reserve Board.
1952 Manch. Guardian Weekly 15 May 3/1 The Federal Reserve Board was a little tight-lipped in explaining its move..to suspend controls on hire purchase.
2010 Vanity Fair June 158 The 1912 Pujo Committee..had investigated the ‘money trust’ (and was partly responsible for the creation of the Federal Reserve Board).
This entry has been updated (OED Third Edition, June 2015; most recently modified version published online March 2022).
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n.1913
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