bank run

(redirected from Bank Panic)
Also found in: Thesaurus, Financial, Wikipedia.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.bank run - the concerted action of depositors who try to withdraw their money from a bank because they think it will failbank run - the concerted action of depositors who try to withdraw their money from a bank because they think it will fail
bank withdrawal - the withdrawal of money from your account at a bank
References in periodicals archive ?
Importantly, these measures did not cause a bank panic in Russia.
Fed policy, Europe's economic disaster, Crimea, Greece, Ukraine, post-Dodd-Frank/Volcker Rule liquidity shocks in debt markets, flight capital from a Middle East, China, West Africa and Russia in geopolitical stress, central bank panic diversification out of euros, yen, petrocurrencies like the Canadian dollar and South African rand.
Oklahoma became a state at the same time as a major bank panic, and both caused a reinvention of financial policy in the territory.
During the bank panic in June, depositors withdrew BGN 1.
Indeed, to the knowledge of the present author, there has never in history been a bank panic that has caused simultaneously runs on every bank in the entire world.
where a bank panic has been averted by the FDIC that guarantees deposits, China could simply decree that its depositors can only get 5 percent of their money.
But during a bank panic, people lose confidence in the value of bank debt.
In a bank panic, banks are forced to sell assets, which causes prices to go down, reflecting the large amounts being dumped on the market.
It resembled an old-fashioned bank panic, with the names and identities of the players changed.
Again, the same features that one finds in an old-fashioned bank panic can be seen at work here: a dramatic tipping-point effect that creates volatility, along with a vicious cycle of collectively selfdefeating behaviour.
This increases financial fragility and distress, with firms and households defaulting on loans and selling off assets, and bank panic ensues, possibly with contagion on a wide scale.