Word Pronunciation & Dictionary

shadow banking system

Word Rarity Uncommon

Frequency: Zipf frequency 4.08 in modern English

Syllables
shad-ow bank-ing sys-tem
IPA
38
Scrabble Score
19
Letters
4
Syllables
15
Unique Chars

Meaning

noun

Non-bank financial institutions, that, like banks, borrow short and in liquid forms and lend or invest long in more illiquid assets.

Derogatory

Example Sentences

Etymology

Coined by Paul McCulley in 2007. Parallel with earlier constructions such as shadow cabinet and shadow government as names for quasi-institutions running unofficially in parallel with the official institutions.

Usage

Inflected Forms

Phrases

Frequently Paired Words

Questions

What does shadow banking system mean?
Non-bank financial institutions, that, like banks, borrow short and in liquid forms and lend or invest long in more illiquid assets.
Where does shadow banking system come from?
Coined by Paul McCulley in 2007. Parallel with earlier constructions such as shadow cabinet and shadow government as names for quasi-institutions running unofficially in parallel with the official institutions.

How to pronounce shadow banking system

  1. Open the pronunciation page — Open the Speakur entry for “shadow banking system”.
  2. Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
  3. Play the audio — Click Play to hear reference audio for “shadow banking system”.
  4. Repeat and practice — Say “shadow banking system” aloud, matching stress and vowels until it feels natural.