Bank run
id:
bank-run-164-4309435
title:
Bank run
text:
A bank run or run on the bank occurs when many clients withdraw their money from a bank, because they believe the bank may fail in the near future. In other words, it is when, in a fractional-reserve banking system, numerous customers withdraw cash from deposit accounts with a financial institution at the same time because they believe that the financial institution is, or might become, insolvent. When they transfer funds to another institution, it may be characterized as a capital flight. As a
brand slug:
wiki
category slug:
encyclopedia
description:
Mass withdrawal of money from banks
original url:
https://en.wikipedia.org/wiki/Bank_run
date created:
2004-06-04T23:47:41Z
date modified:
2024-08-28T18:56:50Z
main entity:
{"identifier":"Q806663","url":"https://www.wikidata.org/entity/Q806663"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/f/f8/Bank_Run_on_American_Union_Bank.jpeg","width":2840,"height":2226}
fields total:
13
integrity:
16