Too important to fail: Difference between revisions
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A financial firm for which the economic and or social consequences of its disorderly failure and liquidation are considered unacceptable to the society within which it operates. | A financial firm for which the economic and or social consequences of its disorderly failure and liquidation are considered unacceptable to the society within which it operates. | ||
The | The IMF uses the phrase "Too important to fail" (TITF) in a similar way to the phrase "[[Too Big To Fail]]" but with a more catch-all implication. | ||
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* [[International Monetary Fund]] (IMF) | * [[International Monetary Fund]] (IMF) | ||
* [[Systemically Important Financial Institution]] (SIFI) | * [[Systemically Important Financial Institution]] (SIFI) | ||
* [[Too Big To Fail]] | |||
[[Category:Financial_products_and_markets]] | [[Category:Financial_products_and_markets]] | ||
Latest revision as of 22:40, 2 December 2024
(TITF).
A financial firm for which the economic and or social consequences of its disorderly failure and liquidation are considered unacceptable to the society within which it operates.
The IMF uses the phrase "Too important to fail" (TITF) in a similar way to the phrase "Too Big To Fail" but with a more catch-all implication.
