Lender of last resort
A function of a central bank, such as the Federal Reserve, in which it lends Money to a bank which is facing unusually heavy Withdrawal.
Semi Related Terms: 377 CLICK HERE TO VIEW
10-K,
Agent bank,
Accrual of discount,
Amortization of premium,
All or any part,
Active money,
All-risks coverage,
Add-on service,
Abstract of title,
Action to quiet title,
As is,
Assignment to creditors,
Attorney in fact,
Applicable federal rate,
Assignment of mortgage,
A shares,
Automatic withdrawal,
At the money,
Across the board,
Additional paid-in capital,
Against the box,
At the bell,
At the close,
At the figure,
At the full,
At the market,
At the opening order,
Away from the market,
Bank reconciliation,
Below the line,
Books of final entry,
Books of original entry,
Bank credit,
Bank draft,
Bank holding company,
Bank Holiday,
Banking Act of 1933,
Bank Note,
Bank Trust Department,
Barren money,
Bank-eligible issues,
Bid-to-cover ratio,
Bureau of Public Debt,
Brought over the wall,
Buying on margin,
Buy on close,
Buy on opening,
Buy the book,
Broad money,
Balance of payments,
Bank Rate,
Board of Governors,
Breaking the syndicate,
Bill of exchange,
Bill of sale,
Breach of trust,
By the book,
Bank term loan,
Back-end load,
B shares,
Breadth-of-market theory,
Beat the gun,
Cost Of Goods Sold,
Cost of sales,
Central assets account,
Commercial bank,
Consumer bank,
Certificate of Participation,
Committee on Uniform Securities Identification Procedures,
Call money rate,
Central Registration Depository,
Code of procedure,
Capitalization of income,
Cost of Living Adjustment,
Cost-of-living index,
Council of Economic Advisers,
Chasing the market,
Cheapest to deliver,
Chicago Board of Trade,
Cash withdrawal,
Cost-of-living rider,
Certificate of stock,
Cost of carry,
Certificate of title,
Cancellation of debt,
Certificate of Claim,
Closed-end credit,
Cost of debt capital,
Cost of funds,
Closed-end fund,
Closed-end investment company,
C shares,
Class of options,
Close to the money,
Certificate of Occupancy,
Cloud on title,
Class A Shares,
Class B Shares,
Crash of 1929,
Crash of 1987,
Coefficient of determination,
Certificate of delivery,
Close a position,
Cornering the market,
Curbs in,
Dealer bank,
Deposit in transit,
Date of issue,
Date of payment,
Division of Enforcement,
Division of Investment Management,
Division of Market Regulation,
Date of record,
Dividend in arrears,
Desk (the),
Division of labor,
De-escalation clause,
De facto,
Doing business as,
Durable Power of Attorney,
Date of maturity,
Debtor in possession,
Debtor-in-possession financing,
Deed of Release,
Deed of Trust,
Discharge of bankruptcy,
Discharge of lien,
Due-on-sale clause,
Deep in the money,
Deep out of the money,
Deed of Surrender,
Department of Housing and Urban Development,
Dogs of the Dow,
Depth of market,
Eurodollar certificate of deposit,
Escrowed to maturity,
Extended broad money,
E-mini,
Exchange of spot,
European Central Bank,
Export-Import Bank,
Ex-all,
Early withdrawal penalty,
Employee Retirement Income Security Act of 1974,
First In First Out,
Federal Deposit Insurance Corporation,
Federal funds,
Federal Savings and Loan Association,
Fed funds,
Fractional reserve banking,
Federal Home Loan Mortgage Corporation,
Federal National Mortgage Association,
Federal Reserve Note,
Flight to quality,
Flow of funds,
Federal Call,
Front-ending an order,
Fiat money,
Forward P/E,
Factors of production,
Favorable balance of trade,
Fed,
Fed bias,
Fed Chairman,
Federal Reserve Bank,
Federal Reserve Board,
Federal Reserve Discount Rate,
Federal Reserve requirement,
Federal Trade Commission,
Fed pass,
Front-end load,
Form 8-K,
Form S-1,
Federal Housing Administration,
Family of funds,
Fund of funds,
Federal Insurance Contributions Act,
Free right of exchange,
Federal ID Number,
Federal Tax Identification Number,
Federal tax lien,
G-7,
General Agreement on Tariffs and Trade,
G-8,
Gather in the stops,
Hart-Scott-Rodino Act of 1976,
Hit the bid,
House of issue,
Holder in due course,
Home equity line of credit,
Hammering the market,
Held at the opening,
Holding the market,
In escrow,
In-house,
Investment Advisor Act of 1940,
Investment bank,
Investment Company Act of 1940,
In line,
Insider Trading sanctions Act of 1984,
Internal Rate of Return,
Indication of interest,
In intestacy,
In play,
In-process research and development,
I/O strip,
In-service withdrawal,
Imbalance of orders,
In and out,
In sympathy,
In the tank,
Jumping the gun,
Last In First Out,
Lender of last resort,
Law of one price,
Lending at a rate,
Limit-on-close order,
Lawful money,
Law of demand,
Law of supply,
London Inter-Bank Offer Rate,
Letter of comment,
Lend,
Line of credit,
Loan-to-cost,
Loan-to-value,
Lock-in,
Leading the market,
Locked in,
Level I quotes,
Member bank,
Money center bank,
Money order,
Mutual Savings Bank,
Make a market,
Market on close order,
Mark-to-market,
Merchant bank,
Money management,
Medium of exchange,
Money,
Marginal propensity to consume,
Money at call,
Money factor,
Money flow,
National Bank,
Near money,
Negotiable certificate of deposit,
Negotiable Order of Withdrawal,
Notice of Sale,
National Association of Securities Dealers,
National Association of Securities Dealers Automated Quotations system,
Notice of Default,
National Association of Real Estate Investment Trusts,
Off the books,
One time charge,
Office of Thrift Supervision,
Out-of-favor,
Over-the-Counter,
On-floor order,
On margin,
One-share one-vote rule,
Opinion of title,
On account,
On-the-spot loan,
Open-end credit,
Open-end mortgage,
Open-end fund,
Open-end management company,
Out of the money,
Open-end lease,
On-balance volume,
On close,
One man picture,
On open,
On the opening,
Pooling of interests,
Payment-in-kind security,
Price Value of a Basis Point,
P&L,
Power of Attorney,
Prioritization of debt,
Purchase-money mortgage,
Paid-in capital,
Paid-in surplus,
Private Investment in Public Equity,
Preservation of capital,
Painting the tape,
Return of capital,
Return on Capital,
Return on Invested Capital,
Return on Total Assets,
Regional bank,
Reserve ratio,
Reserve requirement,
Reading the tape,
Regulation D,
Regulation G,
Regulation T,
Regulation U,
Round of funding,
Rules of Fair Practice,
Rate of exchange,
Reciprocal of European terms,
Regulation A,
Right of first refusal,
Right of rescission,
Right to Know,
Revolving line of credit,
Right of recourse,
Rule of 78,
Raw land,
Right of redemption,
Retirement Equity Act of 1984,
Return on Capital Employed,
Rate of return,
Real rate of return,
SG&A,
Savings bank,
Sight letter of credit,
S&L,
State bank,
Segregation of securities,
Sell the book,
Standard of living,
Second-to-die insurance,
Statute of Limitations,
Satisfaction of debt,
Staggered board of directors,
Selling the spread,
Selling short against the box,
Shorting against the box,
S Corporation,
Subchapter M,
Subchapter S Corporation,
Schedule C,
Securities Act of 1933,
Securities Acts Amendments of 1975,
Securities Exchange Act of 1934,
Seek a market,
Smart money,
S&P phenomenon,
T-Bill,
Term to maturity,
Take a position,
Trailing P/E,
Tight money,
Tenancy by the entirety,
Truth in Lending,
The Street,
Timing the market,
Taxpayer Relief Act of 1997,
Tax Reform Act of 1986,
Tax Reform Act of 1993,
Take a bath,
U.S. Government Agency Security,
U.S. Savings Bond,
U.S. Treasury,
U.S. Treasury Bill,
U.S. Treasury Bond,
U.S. Treasury Note,
U.S. Treasury Securities,
Unit of trade,
Unit of trading,
Withdraw,
Withdrawal,
With interest,
World Bank,
Waiver of premium,
W-2 Form,
W formation,
When, as, and if issued,
Year-To-Date,
Yield to call,
Yield to maturity,
Yield to worst,
Y shares