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Critics argued that the shadow banking system amplified the crisis by relying on short-term funding to finance long-term, illiquid investments.
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Critics argued that the shadow banking system amplified the crisis by relying on short-term funding to finance long-term, illiquid investments.
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Related words
shadow banking system
Noun
derogatory
Japanese Meaning
銀行以外の金融機関が、銀行のように短期の資金調達を行い、長期の貸付や投資を行う金融システム。非公式であることや規制が緩いことから、否定的なニュアンスが含まれる場合がある。
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