CITY

(FINANCIAL CENTRE) [noun] [U] - the City the business centre of London where the large financial organizations are, such as the Bank of EnglandJan works in the City as a stockbroker.the City The City is also used to refer to the financial organizations as a group and the people who work for them.The City acted swiftly to the news of a fall in the value of sterling.(ANZ) The city is also the centre of the regional capitals of Australia such as Sydney or Melbourne.I live in the suburbs of Melbourne and spend an hour commuting to my office in the city.The City Desk of a newspaper is (UK) the department which deals with financial news, or (US) the department which deals with local news.