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savings bank

(Encyclopedia)savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its deposi...

bank holidays

(Encyclopedia)bank holidays, days when the law requires that banks be closed. In the United States the list varies from state to state but generally includes, besides the major holidays, many days that are observed...

Red Bank

(Encyclopedia)Red Bank, borough (1990 pop. 10,636), Monmouth co., E N.J., on the Navesink estuary, in a fertile farm area; inc. 1908. Settled in the late 17th cent, it was an early shipping center and has become a ...

World Bank

(Encyclopedia)World Bank: see International Bank for Reconstruction and Development. ...

central bank

(Encyclopedia)central bank, financial institution designed to regulate and control the money supply of a nation, with the goal of fostering economic growth without inflation. Although central banking systems have v...

blood bank

(Encyclopedia)blood bank, site or mobile unit for collecting, processing, typing, and storing whole blood, blood plasma and other blood constituents. Most hospitals maintain their own blood reserves, and the Americ...

West Indies Federation

(Encyclopedia)West Indies Federation, former federation of 10 British West Indian territories formed in 1958. Trinidad and Tobago, Jamaica, and Barbados were the principal members, but the federation included most ...

Jodrell Bank Observatory

(Encyclopedia)Jodrell Bank Observatory jôdˈrəl [key], observatory for radio astronomy located at Jodrell Bank, Macclesfield, England. Founded in 1945 on the site of a botanical experiment station, it is administ...

European Investment Bank

(Encyclopedia)European Investment Bank, nonprofit bank created in 1958 by the six founding countries of the European Economic Community (now part of the European Union [EU]). The bank makes or guarantees loans to E...

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