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bank run

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Cultural Dictionary

bank run

The concerted action of depositors who try to withdraw their money from a bank because they fear that the bank will fail.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

Bank Run

A situation in which numerous bank customers try to withdraw their bank deposits simultaneously and the bank's reserves are not sufficient to cover the withdrawals

Investopedia Commentary

Bank runs are a result of panic.

Related Links

The Federal Reserve (the Fed) Tutorial

See also: Bank, Panic Selling

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