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What is a run on the bank?

Updated: 4/28/2022
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Wiki User

16y ago

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It can happen that the depositors lose confidence in a banks ability to look after their money. if this happens in a big way most of the depositors demand the money they have in their accounts. this is known as a run on the bank. No bank can withstan a run on it without outside assistance.

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Wiki User

16y ago
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Q: What is a run on the bank?
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