NOUN
- the concerted action of depositors who try to withdraw their money from a bank because they think it will fail
How To Use bank run In A Sentence
- The ability to transfer funds at the press of the button raises the risk of ‘bank runs’ on deposits by panicked depositors.
- In the classic bank run, the information gap becomes a self-fulfilling prophecy of insolvency; in other cases, insolvency is discovered, not made, as information becomes available and indicates that the institution is genuinely not solvent. The Volokh Conspiracy » More Musing on Liquidity and Solvency Distinctions in Sovereign Debt Crises
- The last two features created an inelastic currency; seasonal pressures in the money market; and a proclivity to financial panics, bank runs, and suspension of payments.
- The Government is effectively taking on to itself the risk of a bank run. Times, Sunday Times
- He got his start at G.H. Walker & Co., the white-shoe bank run by President George H.W. Bush's uncle.
- Bank runs are one of the biggest worries of China's financial authorities, given that bad loan ratios are believed to be as high as 75 percent at some local banks.
- In May of 1984, Continental experienced what the FDIC described as a high-speed electronic bank run. Lessons Not Learned About Too Big To Fail
