| 释义 |
bank run
Thesaurus| Noun | 1. |  bank run - the concerted action of depositors who try to withdraw their money from a bank because they think it will failbank withdrawal - the withdrawal of money from your account at a bank |
Bank run
Bank run (bank panic)A series of unexpected cash withdrawals caused by a sudden decline in depositor confidence or fear that the bank will be closed by the chartering agency, i.e. many depositors withdraw cash almost simultaneously. Since the cash reserve a bank keeps on hand is only a small fraction of its deposits, a large number of withdrawals in a short period of time can deplete available cash and force the bank to close and possibly go out of business.Bank RunAn event in which many account holders at a bank withdraw all of their funds at the same time because they do not believe the bank is solvent. Ironically, the pressure of a bank run itself can cause the bank to become insolvent. In the United States, bank runs were fairly common before the creation of the FDIC, which insures bank deposits up to a certain amount. See also: Panic.bank run
Words related to bank runnoun the concerted action of depositors who try to withdraw their money from a bank because they think it will failRelated Words |