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lender of last resort
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English
Wikipedia
has an article on:
lender of last resort
Wikipedia
Noun
edit
lender
of
last resort
(
plural
lenders of last resort
)
(
finance
)
The
institution
in a
financial
system
that acts as the
provider
of
liquidity
to a financial institution that finds itself unable to obtain sufficient liquidity in the
interbank
lending
market
and has exhausted other possible sources.
Synonym:
(
initialism
)
LOLR
