Word Pronunciation & Dictionary

lender of last resort

Word Rarity Rare

Frequency: Zipf frequency 3.56 in modern English

Syllables: lender of last re-sort
IPA

22

Scrabble Score

18

Letters

2

Syllables

10

Unique Chars

Meaning

noun

The institution in a financial system that acts as the provider of liquidity to a financial institution that finds itself unable to obtain sufficient liquidity in the interbank lending market and has exhausted other possible sources.

Inflected Forms

lenders of last resort (plural)

Synonyms

LOLR

Questions

What does lender of last resort mean?: The institution in a financial system that acts as the provider of liquidity to a financial institution that finds itself unable to obtain sufficient liquidity in the interbank lending market and has exhausted other possible sources.

How to pronounce lender of last resort

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