lender of last resort

World English Dictionary
lender of last resort
the central bank of a country with authority for controlling its banking system

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
Explore Dictionary.com
Previous Definition: lender
Next Definition: lending institution
More from Thesaurus.com
Synonyms and Antonyms for lender of last resort
More from Reference.com
Search for articles containing lender of last resort
Dictionary.com Word FAQs

Dictionary.com presents 366 FAQs, incorporating some of the frequently asked questions from the past with newer queries.

Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature