bank run
4
7.0
- noun
- /bæŋk rʌn/
:
corrida bancaria
- The sudden panic among the depositors led to a significant bank run that threatened the institution's stability.
This makes a Silicon Valley Bank style bank run way less likely.
- This makes a Silicon Valley Bank style bank run way less likely.
- You know, my belief is that the real bank run risk for Sofi gets priced in.
- That is the proper reaction to a bank run and contagion.
- Real life bank runs are seldom unprovoked.
- OK, so why was there a bank run on Northern Rock when there was Deposit Insurance?
- These measures stopped bank runs and kept the Russian banking system functional.
- So the the speed with which the SVB bank run happened because of Twitter, because of mobile banking apps, whatever.
- And so we got to see the very first bank run ever organised by Slack.
- She just froze and I, I think just a question because she's, she's hearing about the bank runs, but she has no, not, not an idea what's going on.
Examples
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Most laymen and economists alike believe that FDIC deposit insurance increases stability by preventing bank runs.
Academic text (2016) -
This makes a Silicon Valley Bank style bank run way less likely.
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OK, so why was there a bank run on Northern Rock when there was Deposit Insurance?
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When the payments would not clear, there would be a bank run... the biggest in the history of the earth.
Blog text (13) -
And so they thought they had the system solved, but then they had a bank run last year.
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There were the beginnings of bank runs that could have brought the whole house down.
Blog text (20) -
But they are unlikely to avoid a suspension of business if a bank run occurs.
Blog text (6) -
According to Conard, there are two ways to prevent the risks of bank runs.
Blog text (23) -
Fundamentally, what occurred was a bank run, much like the event that triggered the Great Depression in 1929.
Blog text (23) -
By definition, a bank run is a disorderly panic mass withdrawal.
Blog text (13)
How Severe
4
7.0
42
3.7
Surface Forms
Morphology
The phrase is partially deducible because 'run' can denote a rush or sudden surge, so 'bank run' can be understood as a rush on a bank (many people acting at once). However, the specific economic sense—mass withdrawal of deposits driven by fear of failure—is a specialized, metaphorical extension that B1 learners who only know the literal senses may not fully predict without prior exposure.
Etymology
Bank run comes from the image of many people running to a bank to take out cash, with run showing the sudden rush. When this rush makes the bank lose cash quickly, the phrase means 'many people withdraw their money because they fear the bank will fail'.