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lender of last resort
central bank or international organization that lends money to banks or countries in difficult financial periods when they cannot borrow from anywhere else
creditor
A person to whom money is owed
lender
an organization or person that lends money.
depositor
One who makes a deposit, or has an amount deposited.
borrower
a person or organization that borrows something, especially money from a bank
saver
a person who saves money regularly
predecessor
one who came before
downturn
a decline in economic and business activity
Liquidity
the fact of being available in the form of money, rather than investments or property, or of being able to be changed into money easily
Intermediaries
someone who carries messages between people who are unwilling or unable to meet
bank run
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
plunge
to go down suddenly
premises
house or building and its surrounding property
providing credit
offering a range of financial solutions to consumers
new entrants
businesses that want to enter the market
dip into
Take money out of your savings
pool
the grouping together of resources (assets, equipment, personnel, effort, etc.) for the purposes of maximizing advantage or minimizing risk to the users
returns
profit earned through investing
asset
something having value, such as a possession or property
maturity
the time at which payment to a bondholder is due
deposit
a sum of money placed or kept in a bank account, usually to gain interest.
redeem
to exchange shares or bonds for cash
loan
an amount of money that is borrowed, often from a bank, and has to be paid back,
collapse
Complete failure and ruin
depositors
people who put money into banks
consistent
done in the same way over time
scrouge
sth that causes great trouble or suffering
underestimated
sth that has been assesed as less important or smaller
at large
as a whole; in general
defunct
no longer existing or functioning
underplay
to show sth as less important
joblessness
unemployment
monetary policy
managing the economy by altering the supply of money and interest rates
capacity
the maximum amount that something can contain.
Disinflation
a reduction in the rate of inflation
intrest rate
the interest percent that a bank or other financial company charges you when you borrow money
price gouging
Pricing products unreasonably high when there is a high demand resulting from a monopoly or a natural disaster.
wage-price spiral
a rise in prices that causes a rise in the amount that workers earn, which increases the cost of producing goods, making prices rise again
underpinned
support, justify, or form the basis for
unprecedented
never having happened before
substantially
to a large degree
Note 
Flashcard (187)