See Also: Lender of Last Resort(money)
Lender of last resort(finance)
lender(dictionary)
Lender(finance)
Lender(money)
lender(dictionary)
Marginal Lender(money)
Offshore Lender(money)
Lead Lender(money)
Mortgage lender(finance)

Lender of Last Resort (money)


Definition: Function of a central bank where it lends money to the banking system, thereby influencing both interest rates or money supply.

Definition: [crh] Traditionally the Federal Reserve Bank in the US, which assists banks that face large withdrawals of funds and in so doing stabilizes the bankingDefinition: system.