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English definition of “bank run”

bank run

noun [C]     (also run on the bank) BANKING, FINANCE
a period when many people take their money out of a bank because they are afraid the bank will lose it or go out of business: Last week, a California-based bank became the largest bank to fail in two decades after a bank run depleted its deposits.
(Definition of bank run noun from the Cambridge Business English Dictionary © Cambridge University Press)
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