- shadow bank
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a) An entity that illegally performs banking functions.b) An entity not subject to banking regulation that performs banking functions.
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shadow bank
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shadow bank — UK US noun [C] FINANCE, BANKING ► an organization or company that is involved in financial activities such as lending or investing money, but is not officially a bank and does not accept deposits, so does not have to obey the same rules as banks … Financial and business terms
Bank — [bæŋk] noun BANKING ORGANIZATIONS The Bank the Bank of England, Britain s central bank: • The Bank is worried that strong demand for labour could lead to higher wages and prices. * * * Ⅰ … Financial and business terms
bank — ▪ I. bank bank 1 noun [countable] 1. BANKING a business that makes its profit by paying interest to people who keep money there and charging a higher rate of interest to borrowers who borrow money from the bank. Different types of bank provide a… … Financial and business terms
shadow banking system — noun Non bank financial institutions, that, like banks, borrow short and in liquid forms and lend or invest long in more illiquid assets. See Also: shadow bank … Wiktionary
Shadow toll — Shadow tolls are payments made by government to the private sector operator of a road based, at least in part, on the number of vehicles using the road. First proposed by the UK Government in 1993, they are currently in operation on some roads in … Wikipedia
shadow — shad‧ow [ˈʆædəʊ ǁ doʊ] verb [transitive] 1. to watch someone very closely or work with them in order to learn how they do their job: • The managers were shadowed by trainees in the bank s development programme. 2. to change at the same rate or in … Financial and business terms
Shadow banking system — The “shadow banking system” or the “shadow financial system” is largely formed by non bank financial institutions that like banks, borrow short and in liquid forms and lend or invest long in more illiquid assets… … Wikipedia
Shadow Cabinet (comics) — Superteambox imagesize= caption=The Shadow Cabinet confronts Dharma. Art by John Paul Leon. team name=Shadow Cabinet publisher=DC Comics debut= Shadow Cabinet #0, (January 1994) creators=Dwayne McDuffie (writer) Robert L. Washington III (writer)… … Wikipedia
Shadow Open Market Committee — The Shadow Open Market Committee (SOMC) is an independent, monetarist economic analysis committee founded in 1973 by Profs. Karl Brunner, from the University of Rochester, and Allan Meltzer, from Carnegie Mellon University, named after the… … Wikipedia
Shadow Banking System — The financial intermediaries involved in facilitating the creation of credit across the global financial system, but whose members are not subject to regulatory oversight. The shadow banking system also refers to unregulated activities by… … Investment dictionary
