Definitions
There is 1 meaning of the phrase
Bank Failure.
Bank Failure - as a noun
The inability of a bank to meet its credit obligations
Example Sentences
"The Great Depression in the 1930s led to numerous bank failures across the United States."
"The recent economic downturn resulted in a significant increase in bank failures worldwide."
"After the bank failure, many depositors lost their life savings."
"The government implemented stricter regulations to prevent future bank failures."
"The financial crisis of 2008 resulted in the collapse of several major banks, causing a widespread bank failure."