What Does Lender Of Last Resort Mean With Respect To The Federal Reserve?

What Does Lender Of Last Resort Mean With Respect To The Federal Reserve? What Is Lender of Last Resort? A lender of last resort (LoR) is 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.

What Does Lender Of Last Resort Mean Concerning The Function Of The Federal Reserve?

What Does Lender Of Last Resort Mean Concerning The Function Of The Federal Reserve? What does lender of last resort mean with respect to the Federal Reserve? It will lend money to a bank in a financial emergency. It makes decisions about who a bank can lend money to. … to keep the banking power