Bank Run
A bank run happens when many people take their money out of a bank because they are worried the bank might fail or go bankrupt.
More terms under B
- Balloon PaymentA balloon payment is a big final payment you owe at the end of a balloon loan.
- Bandwagon EffectThe bandwagon effect is when people make choices based on what others are doing, often following the crowd rather than thinking for themselves.
- BandwidthBandwidth is the amount of data that a network can handle for transactions at one time.
- Bank for International Settlements (BIS)The BIS is a global bank that helps countries work together to keep their money systems stable.
- Banking Secrecy Act (BSA)The Bank Secrecy Act (BSA) is a U.S. law from 1970 that helps stop criminals from hiding or cleaning their illegal money.
- Banking as a Service (BaaS)BaaS platforms allow banks to share their technology with other companies, so those companies can create new financial services and products. This makes…
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.