FRS

 Dictionary entry overview: What does FRS mean? 

• FRS (noun)
  The noun FRS has 1 sense:

1. the central bank of the United States; incorporates 12 Federal Reserve branch banks and all national banks and state charted commercial banks and some trust companies

  Familiarity information: FRS used as a noun is very rare.

 Dictionary entry details 

• FRS (noun)

Meaning:

The central bank of the United States; incorporates 12 Federal Reserve branch banks and all national banks and state charted commercial banks and some trust companies

Classified under:

Nouns denoting groupings of people or objects

Synonyms:

Federal Reserve; Federal Reserve System; FRS; Fed

Context example:

the Fed seeks to control the United States economy by raising and lowering short-term interest rates and the money supply

Hypernyms ("FRS" is a kind of...):

central bank (a government monetary authority that issues currency and regulates the supply of credit and holds the reserves of other banks and sells new issues of securities for the government)

Meronyms (members of "FRS"):

Federal Reserve Bank; reserve bank (one of 12 regional banks that monitor and act as depositories for banks in their region)

national bank (a commercial bank chartered by the federal government)

member bank (a bank that is a member of the Federal Reserve System)