too big to fail
"Too big to fail" refers to the concept where certain large corporations or financial institutions are deemed so crucial to the overall functioning of the economy that, in times of financial distress, they are considered to be beyond the point of failure and must be supported and bailed out by the government to prevent a catastrophic impact on the economy.
Requires login.
Related Concepts (1)
Similar Concepts
- bailout packages
- bailout programs during the 2008 financial crisis
- bailouts
- bank insolvency
- bank runs
- bankruptcy
- big data
- catastrophic economic collapse
- debate over moral hazard and the potential for future bailouts
- debt crisis
- financial crisis
- insolvency
- market failure
- market failures
- rescue plans for failing banks or financial institutions