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Central bank money (CeBM) - Financial definition

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Translations:      FR  monnaie banque centrale (n.f.)     ES  dinero del banco central (n.m.)     DE  Zentralbankgeld (n.n.) 

  Concise definition of the term central bank money

The term central bank money designates the liability of a central bank, in the form of deposits held at the central bank, which can for example be used for settlement purposes.

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