Occurs when a significant number of customers withdraw their money from a particular bank due to fears that the bank might fail. When this occurs a bank is unable to repay everyone because they are only required to carry a certain amount of cash on hand.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser