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

To be clear, redemptions from funds are different from bank runs, when people line up to get money out ahead of the next person.

From The Wall Street Journal

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