How Do You Spell BUNDESBANK?

Pronunciation: [bˈʌndɪsbˌaŋk] (IPA)

The word "Bundesbank" is spelled with a combination of sounds in the German language. In IPA phonetic transcription, it is represented as /ˈbʊndəsbæŋk/. The "u" in "Bundes" is pronounced as "oo" in "book" while the "e" is pronounced as "e" in "bet". The "s" in "Bank" is pronounced as "s" in "sun" while the "a" is pronounced as "a" in "cat". Overall, the word uses a combination of soft and sharp consonants to create a strong and distinct sound.

BUNDESBANK Meaning and Definition

1. The "Bundesbank" is the colloquial name for the Deutsche Bundesbank, which is the central bank of the Federal Republic of Germany. Established in 1957, it is widely recognized as one of the most influential central banks in the world. The primary objectives of the Bundesbank include maintaining price stability, safeguarding the value of the currency, and ensuring the stability of the financial system within the country.

   As a central bank, the Bundesbank carries out a range of crucial functions. It is responsible for issuing and managing the national currency, the Euro, in Germany, regulating the money supply, and conducting monetary policy to control inflation and support economic growth. The Bundesbank also acts as a lender of last resort, providing liquidity to banks during financial crises to maintain stability in the banking system.

   Additionally, the Bundesbank plays a pivotal role in international cooperation and policy coordination, representing Germany's interests in European and global forums. It is part of the Eurosystem, which consists of the central banks of the Eurozone countries, and the European System of Central Banks (ESCB), collaborating with other central banks to promote monetary and financial stability across the European Union.

   Known for its dedication to independence and credibility, the Bundesbank has gained a reputation for its strict adherence to sound monetary principles and conservative policies. It has been instrumental in ensuring the stability of the German economy and the Eurozone as a whole, making the Bundesbank a prominent institution in the field of central banking.

Common Misspellings for BUNDESBANK

• vundesbank
• nundesbank
• hundesbank
• gundesbank
• byndesbank
• bhndesbank
• bjndesbank
• bindesbank
• b8ndesbank
• b7ndesbank
• bubdesbank
• bumdesbank
• bujdesbank
• buhdesbank
• bunsesbank
• bundesbnak
• bundesbankk
• Bundesbanku

Etymology of BUNDESBANK

The word "Bundesbank" is of German origin. "Bundes" means "federal" or "national" in German, while "bank" refers to a financial institution. Therefore, "Bundesbank" translates to "federal bank" or "national bank" in English. The term specifically refers to the central bank of Germany, the Deutsche Bundesbank, which was established in 1957.