bank run

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

Example Sentences

And a good old-fashioned bank run is now a modern digital bank run.

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Those banks capsized, which sparked bank runs, which wiped shareholders out.

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Soon after, two other lenders — First Republic, which like Silicon Valley Bank, had many clients in the start-up industry and the cryptocurrency-focused Signature Bank — also shut down, felled by bank runs of their own.

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One year after a series of bank runs threatened the financial system, government officials are preparing to unveil a regulatory response aimed at preventing future meltdowns.

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The top U.S. banking regulator has called for new liquidity rules to ensure that smaller banks can withstand the type of bank run that sank Silicon Valley Bank.

Read more on New York Times