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lender of last resort. In DICTIOUS you will not only get to know all the dictionary meanings for the word
lender of last resort, but we will also tell you about its etymology, its characteristics and you will know how to say
lender of last resort in singular and plural. Everything you need to know about the word
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English
Noun
lender of last resort (plural lenders of last resort)
- (finance) The institution in a financial system that acts as the provider of liquidity to a financial institution that finds itself unable to obtain sufficient liquidity in the interbank lending market and has exhausted other possible sources.
- Synonym: (initialism) LOLR