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Bank of the United States
A central bank, chartered by the federal government in 1791. Proposed by Alexander Hamilton, the bank collected taxes, held government funds, and regulated state banks. The bank's charter expired in 1811. A second Bank of the United States was created in 1816. See Second Bank of the United States.
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- Part of Speech: proper noun
- Synonym(s):
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- Industry/Domain: History
- Category: American history
- Company: University of Houston
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