7 lines
526 B
Markdown
7 lines
526 B
Markdown
# Bank Run
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In financial regulation, a bank run is the sudden withdrawal of [deposits](deposit.md) from a [bank](bank.md), which may result in the bank becoming insolvent.
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Bank runs where a common occurrence in United States in the market crash of 1929 and during the 1930s. Regulation and federal policy [deposit insurance](deposit-insurance.md) entirely eliminated this phenomenon in subsequent decades.
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## References
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1. Roche, Cullen O. 2011. ‘Understanding the Modern Monetary System’. http://ssrn.com/paper=1905625. |