| 词汇 | lender-of-last-resort |
| 释义 | lender of last resort noun[ C ] BANKING, FINANCE, ECONOMICSukus a central bank or international organization that lends money to banks or countries in difficult financial periods when they cannot borrow from anywhere else: The IMF is known as the lender of last resort to countries in financial trouble. Examples of lender of last resortlender of last resort There is, therefore, no agency capable of serving as a lenderoflastresort in the usually understood sense of the term. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. In this role, the central bank is operating as the lenderoflastresort and is said to be injecting liquidity. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The lenderoflastresort will never come into action because the mere promise is enough to provide the confidence necessary to prevent a panic. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. When a lenderoflastresort existed, panics did not turn into crises. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. By this point the role of the central bank as the lenderoflastresort was understood. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. When an illiquid bank approaches the lenderoflastresort, there should always be a suspicion of insolvency. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. They generally provide liquidity to the banking system and act as lenderoflastresort in event of a crisis. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The loss of the lenderoflastresort is considered a cost of full currency substitution. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The central bank's role as lenderoflastresort and adviser to the federal government has sometimes pushed it into murky regulatory waters. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These problems can become particularly acute in an economy without an effective lenderoflastresort and/or one that issues only domestically denominated debt. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. 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. |
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