Share this site with del.icio.us Share this site with digg Share this site with reddit Share this site with technorati Share this site with furl Share this site with stumbleupon Share this site with google Add this site to Yahoo Bookmarks Click here to add us to your favorites Subscribe to our Feed





bank run

Definition

Sudden and heavy cash withdrawals by depositors who have lost confidence in the viability of a bank, or expect the local economy to crash or slow down drastically. Unlike the depositors of years gone (who jammed the bank counters demanding their money) today's depositors quietly move out their funds via electronic transfers.

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z