Usually means: Authority managing national monetary policy.
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We found 4 dictionaries that define the word central banking:

General (2 matching dictionaries)
  1. central-banking: Wordnik
  2. Central banking: Wikipedia, the Free Encyclopedia

Business (1 matching dictionary)
  1. Central banking: Financial dictionary

Computing (1 matching dictionary)
  1. Central banking: Encyclopedia

(Note: See central_bank as well.)

Definitions from Wiktionary (central bank)

noun:  (banking) The principal monetary authority of a polity or monetary union; it normally regulates the supply of money, issues currency and controls interest rates. It usually oversees banking activity within its country's borders.
▸ Also see central_bank

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