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run


'run' can also refer to...

 

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1 The hasty and simultaneous withdrawal of funds by a large number of depositors, who have lost confidence in a bank or other financial institution. A financial institution on which there is a run can be pushed into collapse by the increasing loss of confidence and panic it creates.

2 Lack of confidence in a particular currency, causing investors and speculators to sell their holding of that currency, e.g. a run on the pound.

3 A dealer's list of prices for securities.

Subjects: Financial Institutions and Services.


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