Lender of Last Resort

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
LLR
Pronunciation
/ˈlɛndər əv læst rɪˈzɔrt/
Category
Miscellaneous
Related Field
Unclassified

Examples in Context

  1. The key one is the presence and performance of a lender of last resort.
  2. He also ruled out the ECB acting explicitly as " lender of last resort ".
  3. Eurozone members will need the European Central Bank as a lender of last resort.
  4. The lender of last resort facility provides liquidity support if there is a run on a bank.
  5. The ECB must also act as a lender of last resort and provide liquidity to support Eastern European currencies.

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