1. The central bank of the United States; incorporates 12 Federal Reserve branch banks and all national banks and state-chartered commercial banks and some trust companies
   "the FRS seeks to control the United States economy by raising and lowering short-term interest rates and the money supply";
   - Federal Reserve System, Federal Reserve, Fed [informal]

1. Fellow of the Royal Society

1. A radioactive element of the alkali-metal group discovered as a disintegration product of actinium
   - francium, atomic number 87

Derived forms: FRSs

Type of: central bank, metal, metallic element

Encyclopedia: FRS