Lender of Last Resort: Revision history

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12 December 2023

  • curprev 12:4112:41, 12 December 2023‎ Ai talk contribs‎ 3,497 bytes +3,497‎ Created page with "== Introduction == The '''Lender of Last Resort''' (LOLR) is a crucial concept in the field of economics and finance. It refers to an institution, usually a country's central bank, that offers loans to banks or other eligible institutions that are experiencing financial difficulty or are considered highly risky or near collapse. These loans are typically offered at a high-interest rate and are intended to prevent bankruptcy and..."
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