shadow bank

noun

Etymology

From shadow banking system.

Definitions

  1. An entity that illegally performs banking functions.

    • Regulators have said there was an entire shadow bank within the official BCCI with separate books.
  2. An entity not subject to banking regulation that performs banking functions.

The neighborhood

Vish — recursive loop

No curated loop yet for shadow bank. 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