Phrase guide
Definitions and examples are grouped by meaning. Pronunciation, history, word forms, translations, descendants, synonyms, antonyms, derived terms, and related words appear whenever the source provides them.
Sound
Each Play button uses your device's default local English voice, or a natural local fallback. The selected voice name appears after playback. This is synthesized speech, not a source recording.
No pronunciation record was provided for this word.
noun
A bank that is insolvent but is sustained by government intervention.
Definition source: English Wiktionary via Wiktextract
Usage: derogatory
Topics: banking, business, finance
No example sentence was provided for this meaning.
Synonyms: none provided
Antonyms: none provided
History
First used in reference to the Asian Financial Crisis of 1997, possibly coined by economist Edward Kane.
