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How to pronounce “lender of last resort”
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Pronunciation guide for lender of last resort
- Learning goal
- Practice the English pronunciation of lender of last resort with real speech in context.
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- Definition summary
- (finance) The institution in a financial system that acts as the provider of liquidity to a financial institution that finds itself unable to obtain sufficient liquidity in the interbank lending market and has exhausted other possible sources.
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A Deep Dive Into “lender of last resort”
Meaning
- [Noun]
- (finance) The institution in a financial system that acts as the provider of liquidity to a financial institution that finds itself unable to obtain sufficient liquidity in the interbank lending market and has exhausted other possible sources.
Practice Nearby Words
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