• Thumbnail for Lender of last resort
    In public finance, a lender of last resort (LOLR) is the institution in a financial system that acts as the provider of liquidity to a financial institution...
    42 KB (5,802 words) - 05:10, 16 March 2024
  • Thumbnail for Lombard Street: A Description of the Money Market
    lender of last resort.' International Finance 2:3, pp. 339–60. Paul Tucker, Deputy Governor, Financial Stability, Bank of England, The Repertoire of Official...
    8 KB (1,004 words) - 07:12, 13 August 2024
  • International lender of last resort (ILLR) is a facility prepared to act when no other lender is capable or willing to lend in sufficient volume to provide...
    18 KB (2,343 words) - 12:39, 12 January 2024
  • Thumbnail for Federal Reserve
    or minimize the occurrence of bank runs, and possibly act as a lender of last resort when a bank run does occur. Many economists, following Nobel laureate...
    151 KB (15,665 words) - 20:24, 5 September 2024
  • acts as lender of last resort to the money markets. In the United States, the discount rate is a bank rate set by the Federal Reserve Board of Governors...
    11 KB (1,309 words) - 22:19, 13 May 2024
  • of last resort (ELR) are employers in an economy to whom workers go for jobs when no other jobs are available; the term is by analogy with "lender of...
    5 KB (572 words) - 00:24, 3 November 2023
  • federal courts Lender of last resort, an institution such as a central bank willing to extend credit when no one else will Letters of last resort, hand-written...
    5 KB (578 words) - 22:20, 23 May 2024
  • Injection (economics) (category Operations of central banks)
    lender of last resort and is said to be injecting liquidity. Econobrowser.com What is a liquidity event "The Nature of the Economy," Reserve Bank of Australia...
    1 KB (147 words) - 16:56, 5 August 2024
  • Secondary Lending Programs". Federal Reserve - Discount Window. Retrieved 23 December 2023. Etymology online Re-thinking the lender of last resort (PDF) (Report)...
    4 KB (503 words) - 00:02, 24 December 2023
  • Thumbnail for Fractional-reserve banking
    of gold in the event of bank runs, to regulate commercial banks, and to act as lender-of-last-resort if any bank faced a bank run. The emergence of central...
    40 KB (4,764 words) - 19:19, 27 April 2024
  • Thumbnail for Bank run
    banks, the organization of central banks that act as a lender of last resort, the protection of deposit insurance systems such as the U.S. Federal Deposit...
    32 KB (3,985 words) - 18:56, 28 August 2024
  • Thumbnail for Black Monday (1987)
    1994, p. 127. Mishkin 1988, p. 31 "the Fed has performed its role of lender of last resort so admirably in the recent stock market crash episode..." Garcia...
    67 KB (8,505 words) - 23:01, 29 August 2024
  • Thumbnail for Central bank
    Central bank (redirect from Bank of issue)
    England took over a role of lender of last resort in the 1870s after criticism of its lacklustre response to the failure of Overend, Gurney and Company...
    92 KB (9,565 words) - 23:26, 5 August 2024
  • Reconstruction Finance Corporation (category Agencies of the United States government during World War II)
    Corporation (RFC) was an independent agency of the United States federal government that served as a lender of last resort to US banks and businesses. Established...
    28 KB (3,359 words) - 20:53, 4 August 2024
  • Panic of 1792," Business History Review, Vol. 83, Spring 2009. Cowan "The US Panic of 1792: Financial Crisis Management and the Lender of Last Resort," Journal...
    10 KB (1,268 words) - 18:56, 19 May 2024
  • Thumbnail for Bermuda Monetary Authority
    Bermuda Monetary Authority (category Economy of Bermuda)
    integrated regulator of the financial services sector in Bermuda. It is not a central bank, and does not provide lender of last resort facilities. Established...
    2 KB (153 words) - 10:22, 2 April 2024
  • Thumbnail for Bank of Mexico
    Bank of Mexico (Spanish: Banco de México), abbreviated BdeM or Banxico, is Mexico's central bank, monetary authority and lender of last resort. The Bank...
    14 KB (1,635 words) - 20:02, 23 August 2024
  • Thumbnail for Central Bank of Nigeria
    and act as a banker of last resort and financial adviser to the federal government. The central bank's role as lender of last resort and adviser to the...
    22 KB (2,235 words) - 23:42, 28 August 2024
  • Thumbnail for Hyman Minsky
    Hyman Minsky (category University of Chicago alumni)
    markets, opposed some of the financial deregulation of the 1980s, stressed the importance of the Federal Reserve as a lender of last resort and argued against...
    28 KB (3,340 words) - 10:04, 27 August 2024
  • Thumbnail for Truth in Lending Act
    The Truth in Lending Act (TILA) of 1968 is a United States federal law designed to promote the informed use of consumer credit, by requiring disclosures...
    14 KB (1,394 words) - 21:14, 26 June 2024
  • announcement of the outright monetary transactions (OMT) program in the summer of 2012. The ECB acted as a de facto lender-of-last-resort (LOLR) to the...
    22 KB (2,846 words) - 12:14, 13 January 2024
  • Thumbnail for Federal funds rate
    requisitioning funds from Federal Reserve Banks, yet positions itself as a lender of last resort. Though the London Interbank Offered Rate (LIBOR), the Secured Overnight...
    28 KB (2,790 words) - 19:14, 27 July 2024
  • Thumbnail for Federal Reserve Act
    serving as a lender of last resort. To lead the Federal Reserve System, the act established the Federal Reserve Board of Governors, members of which are...
    32 KB (3,889 words) - 01:59, 19 June 2024
  • Thumbnail for Currency board
    their spending commitments. A currency board does not act as a lender of last resort to commercial banks, and does not regulate reserve requirements...
    14 KB (1,560 words) - 18:19, 1 August 2024
  • Thumbnail for Republic Bank & Trust Company
    Acquisition of CBank". BusinessWire. Berkshire Hathaway. 27 October 2022. Retrieved 30 May 2023. "The threat to a lender of last resort". SmartMoney...
    6 KB (606 words) - 12:49, 23 September 2023
  • Thumbnail for International Monetary Fund
    Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate stability. Its stated mission...
    158 KB (14,849 words) - 15:32, 29 August 2024
  • Thumbnail for First Bank of the United States
    reserves, or act as a lender of last resort. They were national insofar as they were allowed to have branches in multiple states and lend money to the US government...
    32 KB (3,533 words) - 00:57, 2 September 2024
  • Thumbnail for Bank of England
    reason the Bank of England is sometimes called 'the bankers' bank'). In exceptional circumstances, the Bank may act as the lender of last resort by extending...
    112 KB (11,328 words) - 19:22, 3 August 2024
  • Venstre, who served as Prime Minister 2009-2011 and again 2015-2019 Lender of last resort, banking term Loan Loss Reserve, banking term Local Light Rum, a...
    732 bytes (129 words) - 00:44, 7 June 2023
  • Thumbnail for Thomas M. Humphrey
    Thomas M. Humphrey (category University of Tennessee alumni)
    Annual Meeting of the American Economics Association (AEA) in Atlanta, Georgia, his subject was The Lender of Last Resort in the History of Economic Thought...
    16 KB (1,478 words) - 07:17, 5 September 2024