bank runs

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bank run
When many bank customers try to withdrawal their bank deposits simultaneously, and the bank's reserves are not sufficient to cover the withdrawals Bank run's are synonymous with panic
bank run
A series of unexpected cash withdrawals caused by a sudden decline in depositor confidence or fear that the bank will be closed by the chartering agency, i e many depositors withdraw cash almost simultaneously Since the cash reserve a bank keeps on hand is only a small fraction of its deposits, a large number of withdrawals in a short period of time can deplete available cash and force the bank to close and possibly go out of business [FRBM][FRBSF] (see also bank)
bank run
mass withdrawal of monies from a bank due to lack of faith by the public in that bank's ability to manage it's funds
bank run
a rush on a bank by its depositors to withdraw their funds, as they lose confidence in the bank's finances
bank run
Before deposit insurance, when the depositors in a bank fear that it is insolvent, and so all at once in a group demand that the bank liquidate their deposits for cash
bank run
the concerted action of depositors who try to withdraw their money from a bank because the think it will fail
bank run
When many people try at the same time to withdraw their money from a bank that lacks sufficient reserves (p 706)
bank runs