Emergency Liquidity Assistance
/ˌɪˈmɜːrdʒənsi ˈlɪkwɪdəti əˈsɪstəns/
Definitions
- (n.) Temporary financial support provided by central banks to solvent banks facing short-term liquidity shortages to maintain financial stability.
The central bank granted emergency liquidity assistance to prevent the bank's collapse during the economic crisis.
Forms
- emergency liquidity assistance
Related terms
See also
Commentary
This term is used primarily in financial and banking law contexts concerning central bank interventions; precise conditions and legal frameworks vary by jurisdiction.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.