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Meaning of shadow banking system | Babel Free

Noun CEFR C1

Definitions

Non-bank financial institutions, that, like banks, borrow short and in liquid forms and lend or invest long in more illiquid assets.

derogatory

Examples

“Given the Chinese banking sector's predominance in the economy, it seems surprising that China appears to need another, parallel, shadow banking system.”

CEFR level

C1

Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

See also

shadow beni shadow blister effect shadow box shadow boxing shadow buffer Shadow Cabinet