Meaning of “bank run” in the English Dictionary


"bank run" in Business English

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bank runnoun [ C ]

uk us 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” from the Cambridge Business English Dictionary © Cambridge University Press)