lender of last resort

noun

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.

Similar
LOLR
Ask AI about this wordChatGPTClaudePerplexityGoogle AIGrok

Meanings

nounlender of last resort (plural lenders of last resort)

plural lenders of last resort

  1. businessThe 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.

    Synonyms: LOLR

Synonyms & antonyms

nounThe 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.

Similar
LOLR
Cite this entry
APA

lender of last resort. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/lender%20of%20last%20resort

MLA

“lender of last resort.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/lender%20of%20last%20resort. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “lender of last resort,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/lender%20of%20last%20resort.

Source: lender of last resort on Wiktionary, CC BY-SA 4.0.