lender of last resort

listen to the pronunciation of lender of last resort
الإنجليزية - التركية
(Ticaret) son kredi mercii
الإنجليزية - الإنجليزية
the central bank, that lends to commercial banks if they have no other means of borrowing
A lender, typically a central bank, which provides financial institutions with funds when they cannot borrow from the market The availability of such lending is intended to prevent systemic problems due to liquidity shortage in individual institutions
an institution, usually a central bank, that can step in and lend funds to a bank facing a panic (sudden withdrawal of funds by depositors) or when no other institutions will lend to an institution considered high-risk or near collapse
The sole supplier of bank reserves in the event of a system-wide shortage
The function whereby central banks stand ready to make cash advances to commercial banks in the event they misjudge their cash reserve requirements
As the nation's central bank, the Federal Reserve has the authority and financial resources to act as 'lender of last resort' by extending credit to depository institutions or to other entities in unusual circumstances involving a national or regional emergency, where failure to obtain credit would have a severe adverse impact on the economy
A lender (or guarantor, in some cases) that agrees to make a subsidized Stafford loan to an otherwise eligible borrower who has been unable to find a lender willing to make a loan
Traditionally the Federal Reserve Bank in the U S , which assists banks that face large withdrawals of funds and in so doing stabilizes the banking system
lender of last resort

    الواصلة

    lend·er of last re·sort

    التركية النطق

    lendır ıv läs risôrt

    النطق

    /ˈlendər əv ˈlas rēˈsôrt/ /ˈlɛndɜr əv ˈlæs riːˈsɔːrt/
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