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Meaning of bankfare | Babel Free

Noun CEFR B2

Definitions

  1. Support for banks from government or other institutions.
    derogatory, informal, sometimes, uncommon, uncountable
  2. The debanking of an opponent, often only to attack, harass, or intimidate.
    informal, neologism, uncountable

Examples

“Bank profitability is on the mend, but it's not translating into more loans, Mr. Levy said. He attributed the bounce in bank earnings to “bankfare,” his term for the steep yield curve.”
“Bankfare, the Fed's version of welfare that kept interest rates kind to banks burdened with bad mortgages, can no longer be counted on to support prices. Bank stocks now will stand or fall on the success of operations cleanups and strategic growth, Hayes said.”
“Forget welfare and workfare. We need bankfare, where federal and provincial governments help down-and-out types set up their own banks. Once the formerly unemployed have their banks up and running and are making gobs of money, and in a position to give the economy a real kickstart, they'll be able to do what the real banks do, and start laying people off by the thousands.”
“The only way to protect taxpayers from the gutter morality of the casino bank is a full separation of High Street and investment banking. The abuses of Welfare UK may be an outrage in urgent need of reform, but so is Bankfare Britain.”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

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