The phrase "a run on money" is not correct in English.
Did you mean "a run on the bank" or "a run on money supply"? If this is the case, you can use it in contexts discussing financial crises or situations where there is a sudden demand for cash or withdrawals.
Example: "During the economic downturn, there was a run on money as people rushed to withdraw their savings."
Alternatives: "a rush for cash" or "a liquidity crisis".
That failure prompted a run on money market funds, with investors withdrawing more than $300 billion in short order.
Similarly, the Fed faces limits to its ability to respond to a run on money market funds or provide insurance on all forms of accounts.
A run on money funds could force fund managers to shy away from commercial paper, fearing the loans were no longer safe.
Creditors were not protected in all cases, and the result was that there was nervousness about holding bank debt in general; this nervousness put all banks' bonds and shares under pressure and added to the sense of crisis, particularly via a run on money market funds.
That triggered a run on money funds and traumatised the short-term debt markets they help to oil, forcing the American government to guarantee the industry's almost $4 trillion of assets—and confirming fears that it had become a big source of systemic risk (see chart).With the guarantees due to expire in mid-September, pressure is on to tighten regulation.
Let's look at it this way: a run on money could put any bank or financial firm out of business TODAY.
With that in mind, it would be a shame if the effort by the S.E.C. to prevent a run on a money market fund — and the contagion and government assistance that could accompany it — met a similar fate.
It included a run on some money-market mutual funds, which, if it had continued, could have evaporated the commercial-paper market, threatening the short-term debt through which the majority of companies finance their daily operations.
In the event of a default at least one would probably "break the buck" (ie, fail to give the principal back to investors), threatening "a broader run on money funds", Mr Zames said.No one can be sure of any of this.
There was a broad run on money market funds; credit markets froze.
It fell a week later, and the Reserve Primary Fund broke the buck after writing off its holding of Lehman debt, sparking a terrifying run on money market assets.
