Sentence examples for as lender of from inspiring English sources

The Federal Reserve was set up in 1913 to act as lender of last resort.

And the guiding principle of China's activity as lender of last resort is mercantilism.

"It should also go further in playing its role as lender of last resort.

For both banks and qualified dealers, the Bank of Canada acts as lender of last resort.

The first preserves a system to act as lender of last resort in the euro zone, say.

Acting as lender of last resort, the Austrian central bank increased the money supply by 20% virtually overnight.

Notably, it announced it would accept mortgage securities as collateral for loans — enlarging its role as lender of last resort.

But under this option Scotland would not benefit from the Bank of England as lender of last resort.

One of its fundamental tasks is to serve as lender of last resort for banks that have trouble raising money on the open market.

Once Northern Rock ran into trouble, the Bank of England found it impossible to step in behind the scenes in its traditional role as lender of last resort.

Unless the central bank is clearly standing as lender-of-last-resort behind bank and sovereign guarantees, a fiscal death spiral could result.Of course, there are plenty of other things to worry about.