lender of last resort
nounDefinitions
The institution in a financial system that acts as the provider of liquidity to a…
The institution in a financial system that acts as the provider of liquidity to a financial institution that finds itself unable to obtain sufficient liquidity in the interbank lending market and has exhausted other possible sources.
The neighborhood
Vish — recursive loop
No curated loop yet for lender of last resort. Loops are being traced one word at a time while the ingestion pipeline matures.
sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA