Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun pejorative, banking, economics, finance Bank-like activities that are not subject to existing bank regulation.
Etymologies
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Examples
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The company had until recently had a decent cash buffer, but it was using private debt or “shadow banking” to borrow against invoices, effectively keeping debt off its balance-sheet disclosures, and turning a company with 26,000 employees into finance company more than the supplier of an auto parts supplier.
First Brands: why a maker of spark plugs and wiper blades has Wall Street worried Edward Helmore 2025
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