单词 | run on a bank |
释义 | run on a bank in Finance (rʌn ɒn ə bæŋk) phrase (Finance: Banking) A run on a bank is a situation in which borrowers are worried that the bank will fail and they all try to withdraw money at the same time. Central banks usually guarantee the deposits at commercial banks, and act as lenderof last resort when there is a run on a bank. Unless there's a run on a bank, most of the depositors won't show up at the same time for their money. A run on a bank is a situation in which borrowers are worried that the bank will fail and they alltry to withdraw money at the same time. |
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