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Definition of Bank failure
1. Noun. The inability of a bank to meet its credit obligations.
Lexicographical Neighbors of Bank Failure
Literary usage of Bank failure
Below you will find example usage of this term as found in modern and/or classical literature:
1. Palmer's Index to "The Times" Newspaper (1897)
"12 i 15 в bank failure at Wrymouth, 1 т 16 а BANKING : — Holiday, a 9 e—S ; 4
в — African Banking Corporation, 11 ; 14 с —— Australian Joint Stock, ..."
2. The Life and Correspondence of Rufus King: Comprising His Letters, Private by Rufus King (1898)
"... for their Agency in stopping the Militia Bill—King's Answer—Morris to
King—National Bank—Failure of Conscription Law— Fears Hartford Convention will not ..."
3. Production; a Study in Economics by Castberg, Peter Harboe, 1844 (1907)
"The question as to the possible decrease in things and supplies at the time of
a bank's failure is therefore the same thing as asking in what cases such ..."
4. Wills, Estates, and Trusts: A Manual of Law, Accounting, and Procedure, for by Thomas Conyngton, Harold C. Knapp, Paul Whittier Pinkerton (1921)
"Loss by bank failure Suppose that the Montrose Trust Company, in which the decedent
had a savings account of $3000, plus $60 of interest credited on ..."