Plain-English definitions for the terms you'll encounter on your financial journey.
Open Market Operations describes how the central bank manages the economy by buying or selling government bonds. Think of it like a faucet for the money supply; when they buy bonds, they put more cash into the banking system to help the economy grow.
The buying and selling of government securities in the open market by a central bank. This is the primary tool used to regulate the supply of money in the banking system.