adj
Meaning 1
Deemed too important to the economy or polity to be allowed to “fail”, that is to be liquidated or to go bankrupt.
Definition source: English Wiktionary via Wiktextract
Topics: business, economics, finance, government, politics, sciences
Examples
- 1912, Fabian Society, Fabian Tract No. 164, "Gold and State Banking: A Study in the Economics of Monopoly" The fact, which surely everybody knows and hardly anybody ventures to state, is that the stability of our great banks--and all our banking system which now matters a tittle consists of great banks--is based not on the supply of gold in their vaults, nor on the reserve in the Bank of England, but on the fact that they are too big to fail, too big commercially and far too big politically. If Lloyds, or the London County, or the National Provincial stopped payment, the consequences would far exceed a San Francisco earthquake, a Chicago fire, or any other catastrophe within the memory of man.
Meaning relationships
Synonyms: TBTF
Antonyms: none provided