Meaning of bankfare | Babel Free
Definitions
- Support for banks from government or other institutions.
- The debanking of an opponent, often only to attack, harass, or intimidate.
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.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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