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Definitions from WordNet

Definitions from the Web

Bank Run

Description:

A bank run refers to the situation when a large number of customers simultaneously withdraw their deposits from a bank due to concerns about the bank's solvency or instability. This can create severe financial problems for the bank, leading to insolvency or bankruptcy.

Senses:

Sense 1 (Noun):

A sudden and widespread withdrawal of deposits by customers from a bank.

Example Sentence:

During the financial crisis, many banks experienced bank runs as customers panicked and tried to secure their funds.

Sense 2 (Verb):

To participate in or cause a bank run.

Example Sentence:

The news of the bank's financial troubles spread quickly, and customers started to bank run, worried about losing their savings.

Related Products:

To learn more about bank runs, you may be interested in the following products:

• Financial Crisis Books
• Banking Instability
• Deposit Insurance