Lender of last resort and Payor: Difference between pages

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The party that issues a cheque.
Sometimes spelt 'payer'.


A concession given to a select number of financial institutions whereby their central bank agrees to provide them with funds if they should get into difficulties.


== See also ==
== See also ==
* [[Central bank]]
* [[Cheque]] (US: check)
* [[Payments and payment systems]]


[[Category:Cash_management]]
[[Category:Liquidity_management]]

Revision as of 06:45, 2 July 2022

The party that issues a cheque.

Sometimes spelt 'payer'.


See also