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Thread: run

  1. Key Member
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    #1

    run

    Dear teachers,

    Please read the following sentence:
    The terrifying "runs" on more than 5000 failing banks had stripped rural areas of capital.
    "runs" means "selling" or even "closing". Is that right? But I can't find the meaning "closing" in my dictionaries.

    Looking forward from hearing from you.

  2. probus's Avatar
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    #2

    Re: run

    Neither selling nor closing.

    A "run on a bank" means that all or most of the depositors are trying to withdraw their money. This obviously makes the bank insolvent.

  3. Editor, UsingEnglish.com
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    #3

    Re: run

    Here's a photo of the run on one of the branches of Northern Rock, a British bank which collapsed in 2007: http://blog.emergencyoutdoors.com/ta...ank-run-04.gif

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    #4

    Re: run

    Dear Tdol,

    Many thanks!

  5. Piscean's Avatar
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    #5

    Re: run

    Quote Originally Posted by jiang View Post
    Dear Tdol,

    Many thanks!
    There is no need to submit a separate post for this. Simply click on Thank​ at the bottom left of the post you have found helpful.

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