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What is it called when everyone tries to withdraw their money from the bank at the same time?
When everyone tries to withdraw their money from the bank at the same time, it is called a "bank run." This often occurs when depositors lose confidence in the bank's solvency, leading to a rapid outflow of cash. Bank runs can severely impact the financial stability of the institution and may lead to its collapse if not addressed quickly.
People who have money in the bank are called?
they are called depositors because they deposit their money in the bank. they are also called bank clients.
What is a group of money called?
bank of money
Can you cash in a money in the bank and take it back after the match starts?
yes
What is money paid for the use of money called?
Money that is paid for the use of money is called interest. When you keep your money in a bank savings account, the bank credits your account with interest.
What is the money paid for the use of money called?
Money that is paid for the use of money is called interest. When you keep your money in a bank savings account, the bank credits your account with interest.
What is the process of paying a bank to let you borrow money called?
The process of paying a bank to let you borrow money is called "interest."
People who have money in a bank are called?
depositors
What is the money you place in your savings called?
bank
What is withdrawing money?
Withdrawing money is to take the money out. Say, you are at a bank. You may want to take out money from your bank savings to spend. That is called a withdraw.
Why bank is called financial intermediateries?
Bank is financial service provider.Ist time i will say who r deposited in bank? the answer is who has surplus of money.that unit is called SFU( surplus economic unit) and bank is kept that money ,when depositors money is more in bank,then after bank gives the loan deficts who has able to return of that money in the bank with interest.but suddendly if the depositors want to his or her money for need to bank,then bank gives the money with cutting the certain fixed interest rate.
Will the money in the bank match be at WrestleMania?
no, it will not be at Wrestlemania. Now it has its own pay-per-view called: Money In The Bank!
