bank run bankrupt See More Nearby Entries Cite this Entry Style “Bank run.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bank%20run. Accessed 3 Feb. 2025. Copy Citation Share Post the Definition of bank run to Facebook Facebook Share...
Define bank run. bank run synonyms, bank run pronunciation, bank run translation, English dictionary definition of bank run. Noun 1. bank run - the concerted action of depositors who try to withdraw their money from a bank because they think it will fail
Bank run Bank run Definition A Bank run is a panic response which occurs when a large number of people in a short time take their savings out of a bank, which they fear is financially unsound and about to collapse. This is much more likely to occur if the bank exists within a gold ...
The meaning of RUN ON THE BANK is an occurrence when a lot of people take their money out of a bank because they are afraid that the bank will fail.
Understanding the Phenomenon: Bank Runs Have you ever wondered what happens when a large number of people suddenly line up outside a bank, all trying to withdraw their money at once? This situation is known as a bank run. Bank runs can be quite alarming and can have significant consequences...
Define bank. bank synonyms, bank pronunciation, bank translation, English dictionary definition of bank. n. 1. A piled-up mass, as of snow or clouds; a heap: a bank of thunderclouds. 2. A steep natural incline. 3. An artificial embankment. 4. often banks
It can also lead to the bank going bankrupt if it is unable to borrow enough money to stay afloat. How do you stop a bank run? There are a few ways to stop or mitigate the effects of a bank run such as imposing a bank holiday, which would prohibit customers from withdrawing money ...
Why Is a Bank Run Bad? Bank runs can bring down banks and cause a more systemic financial crisis. A bank usually only has a limited amount of cash on hand that is not the same as its overall deposits. So, if too many customers demand their money, the bank simply won't have enough...
The bank, Bank of United States, had been planning to merge with another institution, but when that fell through, depositors began a bank run. The state’s banking superintendent shut down the bank. News of this event caused further panic and resulted in more depositors making runs at other...
A bank run and the national economy A bank run may not destroy just one bank, but a whole string of them. There have been several cases across the world of panic spreading to other bank’s customers. As soon as the second financial institution falls, it is not usually long before others...