Fractional reserve bankingFinancial Markets HistoryA system where banks keep only a fraction of deposits in reserve, lending out the rest.Learn about this termUnit 02: birth of bankingFinancial Markets HistoryRelated TermsMaturity transformationThe practice of borrowing short-term (deposits) and lending ...Bank runA situation where depositors rush to withdraw funds, potenti...Lender of last resortA central bank function of providing emergency loans to solv...