Meaning

1 senses
  1. (idiomatic, uncountable)An aspect of the shadow banking system involving assets defined by non-bank lending where the debt is not issued or traded on the public markets, unlike corporate bonds and municipal bonds.

    Holonym: shadow banking system

Dictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.

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