bank run

Cultural  

1. The concerted action of depositors who try to withdraw their money from a bank because they fear that the bank will fail.

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Example Sentences

You’re accepting the risk of a bank run for the privilege of earning enough extra interest to buy a slightly nicer sandwich once a year.

From MarketWatch

Silicon Valley Bank, a financial firm used by many technology start-ups and companies, failed after a bank run and was taken over by the FDIC.

From Barron's

Ohio and Michigan managers worried that people hoarding their pennies, or bank runs on the copper coins, could make matters worse.

From The Wall Street Journal

That unlikely alliance is boosting efforts from midsize banks that argue higher caps would help deter rapid bank runs like those seen during the 2023 failures of Silicon Valley Bank and Signature Bank.

From The Wall Street Journal

But those aid packages have failed to prevent recurring financial-market collapses, bank runs and devastating devaluations leading to political and social turmoil.

From The Wall Street Journal