Lender of last resort
id:
lender-of-last-resort-275-7793603
title:
Lender of last resort
text:
In public finance, a lender of last resort (LOLR) is the institution in a financial system that acts as the provider of liquidity to a financial institution which finds itself unable to obtain sufficient liquidity in the interbank lending market when other facilities or such sources have been exhausted. It is, in effect, a government guarantee to provide liquidity to financial institutions. Since the beginning of the 20th century, most central banks have been providers of lender of last resort f
brand slug:
wiki
category slug:
encyclopedia
description:
Government guarantee to provide liquidity to financial institutions
original url:
https://en.wikipedia.org/wiki/Lender_of_last_resort
date created:
date modified:
2024-03-16T05:10:27Z
main entity:
{"identifier":"Q1817463","url":"https://www.wikidata.org/entity/Q1817463"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/c/cd/Government-Vedder-Highsmith-detail-1.jpeg","width":3696,"height":2343}
fields total:
13
integrity:
15