Meaning LENDER OF LAST RESORT: Traditionally the Federal Reserve Bank in the U.S., which assists banks that face large withdrawals of funds and in so doing stabilizes the banking system
More terms such as Lender of last resort in Dictionary L.
- Definition Letter Of Intent:
- Examples mutual fund shareholder that a certain amount of money will be invested monthly, in exchange for lower sales charges. In mergers, a preliminary merger agreement between companies after significant lender of last resort definition.
- Definition Letter Of Credit (LOC):
- Examples A form of guarantee of payment issued by a bank on behalf of a borrower that assures the payment of interest and repayment of principal on bond issues lender of last resort explain.
- Definition Leveraged Buyout (LBO):
- Examples to take a public corporation private that is financed through debt such as bank loans and bonds. Because of the large amount of debt relative to equity in the new corporation, the bonds are typically lender of last resort what is.
- Definition Limited-Tax General Obligation Bond:
- Examples A general obligation bond of a government backed by specified or constrained revenue sources lender of last resort meaning.
- Definition Legislative Risk:
- Examples The risk that new or changed legislation will have a large positive or negative effect on an investment lender of last resort abbreviation.
