HomeDefinitionsCompareDebt Lender of last resortThe financial definition for Lender of last resort:Traditionally the Federal Reserve Bank in the US, which assists banks that face large withdrawals of funds and in so doing stabilizes the banking system. Similar MatchesLenderLenderBusinesses that provide loans to others. Lender liability lawsuitsLender liability lawsuitsLegal action of debtor against creditors that alleges unfair enforcement of loan covenants or violation of implied terms of a loan agreement. Click to compare definitions of Lender of last resort Click to view definitions beginning le |