| 单词 | Bank of England |
| 释义 | Bank of England The UK central bank. Originally founded in 1694 as a private bank to lend to the government and manage the national debt, by the nineteenth century it had developed into a central bank. In 1844 the Bank Charter Act formalized its status. Its main functions were controlling the money supply, through the Issue Department, and acting as a banker for the government and other banks, through the Banking Department. The Bank came under formal government ownership when it was nationalized in 1946; the Governor and Directors are appointed by the government. It manages the national debt, and advised the government on monetary policy until 1997, when it was made independent. It holds the national foreign exchange reserves, in the Exchange Equalization Account, and administered exchange control until these were abolished in 1979. It is also responsible for supervision of the banking system, and acts as lender of last resort in financial crises. |
| 随便看 |
|
英汉经管词典收录了3426条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。