Lender of last resort
noun
1.
the central bank of a country with authority for controlling its banking system
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[lend-lees] /ˈlɛndˈlis/ noun 1. the matériel and services supplied by the U.S. to its allies during World War II under an act of Congress (Lend-Lease Act) passed in 1941: such aid was to be repaid in kind after the war. 2. the two-way transfer of ideas, styles, etc. verb (used with object), lend-leased, lend-leasing. 3. […]