Lender of last resort

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Wikipedia English The Free EncyclopediaDownload this dictionary
Lender of last resort
A lender of last resort is an institution willing to extend credit when no one else will.
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Campbell R. Harvey's Hypertextual Finance DictionaryDownload this dictionary
Lender of last resort
Traditionally the Federal Reserve Bank in the U.S., which assists banks that face large withdrawals of funds and in so doing stabilizes the banking system.

Free English-Vietnamese DictionaryDownload this dictionary
Lender of last resort
Lender of last resort
(Econ) Người cho vay cứu cánh cuối cùng.+ Một trong những chức năng, và là một trong những lý do tồn tại của một NGÂN HÀNG TRUNG ƯƠNG HIỆN ĐẠI.
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