Accountancy, asked by lovely981491, 5 months ago

lender of last resort is​

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Answered by av30111981
0

Answer:

A lender of last resort is whoever you turn to when you urgently need funds and you've exhausted all your other options. Banks typically turn to their lender of last resort when they cannot get the funding they need for their daily business.

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Answered by Anonymous
0

Answer:

A lender of last resort is whoever you turn to when you urgently need funds and you've exhausted all your other options. Banks typically turn to their lender of last resort when they cannot get the funding they need for their daily business.

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