Bank run
bank run
The concerted action of depositors who try to withdraw their money from a bank because they fear that the bank will fail.
Contemporary Examples
The next question is whether this triggers a bank run, with foreign deposits fleeing the country.
New Deal for Cyprus, Bank Run to Follow? Megan McArdle March 23, 2013
The minute you undermine the insurance, or dilute it, a bank run might ensue.
Cyprus on Fire? Blame the German Bullies. Daniel Gross March 18, 2013
Would a bank run spread across europe as depositors in the periphery started to seek safer havens?
European Finance Ministers Talk Tough About Bank Bailouts. Does It Matter? Megan McArdle March 25, 2013
The best way to stop a bank run, it turns out, is to insure deposits.
The Resolution of the Cyprus Banking Collapse Paves the Way for More Crises Robert Shapiro March 31, 2013
Deposit insurance is the one way we know to stop a bank run.
After Cyprus Bank Bailout, Depositors Race to Withdraw Their Cash. Is the Rest of Europe Next? Megan McArdle March 16, 2013
Historical Examples
The colony coins its own money and possesses a bank run by the boys themselves, where the colonists can deposit their savings.
Criminal Man Gina Lombroso-Ferrero
Her arrival there created a measure of popular tumult only to be equalled by a bank run or a fire alarm.
Local Color Irvin S. Cobb
What risk does the bank run if it allows him to have possession of the bill of lading indorsed in blank?
Commercial Law Samuel Williston, Richard D. Currier, and Richard W. Hill
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- Bank statement
a monthly statement of account mailed by a bank to each of its customers with checking or other accounts, recording the banking transactions and current balance during a period and usually including canceled checks. a statement required to be published periodically by a bank showing its financial status, as assets and liabilities. Historical Examples Of […]
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a swallow, Riparia riparia, of the Northern Hemisphere, that nests in tunnels dug in sand or clay banks. Historical Examples There are the common barn swallow, the eave swallow, tree swallow and bank swallow. The Woodcraft Girls at Camp Lillian Elizabeth Roy The bank swallow’s nest, like the kingfisher’s, which it resembles, is his home […]
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an institution for receiving, lending, exchanging, and safeguarding money and, in some cases, issuing notes and transacting other financial business. the office or quarters of such an institution. Games. the stock or fund of pieces from which the players draw. the fund of the manager or the dealer. a special storage place: a blood bank; […]
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