| 单词 | lender of last resort |
| 释义 | lender of last resort noun[C] BANKING,FINANCE,ECONOMICSukusacentralbankorinternationalorganizationthatlendsmoneytobanksorcountriesindifficultfinancialperiodswhen they cannotborrowfromanywhereelse: TheIMFisknownas thelenderof lastresorttocountriesinfinancialtrouble. Examplesoflender of last resortlender of last resort There is, therefore, no agency capable of serving as alenderoflastresortin the usually understood sense of the term. From Wikipedia  This example is from Wikipedia and may be reused under a CC BY-SA license.In this role, the central bank is operating as thelenderoflastresortand is said to be injecting liquidity. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Thelenderoflastresortwill never come into action because the mere promise is enough to provide the confidence necessary to prevent a panic. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.When alenderoflastresortexisted, panics did not turn into crises. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.By this point the role of the central bank as thelenderoflastresortwas understood. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.When an illiquid bank approaches thelenderoflastresort, there should always be a suspicion of insolvency. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.They generally provide liquidity to the banking system and act aslenderoflastresortin event of a crisis. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.The loss of thelenderoflastresortis considered a cost of full currency substitution. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.The central bank's role aslenderoflastresortand adviser to the federal government has sometimes pushed it into murky regulatory waters. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.These problems can become particularly acute in an economy without an effectivelenderoflastresortand/or one that issues only domestically denominated debt. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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