Too big to fail
Term · Law · MLC-T-LAW-004935
A concept in financial regulation asserting that certain financial institutions are so large and interconnected that their failure would be catastrophic to the broader economic system. Governments may provide financial support to such entities to prevent their collapse. This doctrine gained prominence during the 2008 financial crisis.
| Identifier | MLC-T-LAW-004935 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-004935",
"term": "Too big to fail",
"field": "Law",
"definition": "A concept in financial regulation asserting that certain financial institutions are so large and interconnected that their failure would be catastrophic to the broader economic system. Governments may provide financial support to such entities to prevent their collapse. This doctrine gained prominence during the 2008 financial crisis.",
"url": "https://mlchart.com/terminology/law/too-big-to-fail/"
}
Record 5,044 of 5,445 in Law terminology (MLC-0107). Request the full dataset.