Answer: targeted use of open market operations in which a central bank targets certain markets
Step-by-step explanation:
Quantitative easing is referred to as the targeted use of the open market operations whereby a central bank targets certain markets.
Quantitative easing (QE) is a form of monetary policy whereby the central bank buys securities from the open market so as to enable a scenario where there'll be a rise in the money supply and also encourage investment and lending in the economy.