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单词 lender of last resort
释义

Examplesoflender of last resort

lender of last resort
There is, therefore, no agency capable of serving as alenderoflastresortin the usually understood sense of the term.
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In this role, the central bank is operating as thelenderoflastresortand is said to be injecting liquidity.
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Thelenderoflastresortwill never come into action because the mere promise is enough to provide the confidence necessary to prevent a panic.
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When alenderoflastresortexisted, panics did not turn into crises.
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By this point the role of the central bank as thelenderoflastresortwas understood.
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When an illiquid bank approaches thelenderoflastresort, there should always be a suspicion of insolvency.
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They generally provide liquidity to the banking system and act aslenderoflastresortin event of a crisis.
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The loss of thelenderoflastresortis considered a cost of full currency substitution.
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The central bank's role aslenderoflastresortand adviser to the federal government has sometimes pushed it into murky regulatory waters.
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These problems can become particularly acute in an economy without an effectivelenderoflastresortand/or one that issues only domestically denominated debt.
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Wikipedia
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These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
#https://dictionary.cambridge.org//dictionary/english/lender-of-last-resort##
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更新时间:2024/12/27 22:08:59