shadow banking system
shadow banking system noun: non-bank financial institutions, that, like banks, borrow short and in liquid forms and lend or invest long in more illiquid assets.
Noun
shadow banking system (plural shadow banking systems)
- Non-bank financial institutions, that, like banks, borrow short and in liquid forms and lend or invest long in more illiquid assets.
- Meronym: private credit
- Given the Chinese banking sector's predominance in the economy, it seems surprising that China appears to need another, parallel, shadow banking system.2016, Ning Zhu, China's Guaranteed Bubble […] , McGraw Hill, →ISBN, page 35
Forms of shadow banking system
| plural | shadow banking systems |
|---|
Origin of shadow banking system
Coined by Paul McCulley in 2007. Parallel with earlier constructions such as shadow cabinet and shadow government as names for quasi-institutions running unofficially in parallel with the official institutions.
Questions about shadow banking system
- What does shadow banking system mean?
- Shadow banking system means non-bank financial institutions, that, like banks, borrow short and in liquid forms and lend or invest long in more illiquid assets.
- What part of speech is shadow banking system?
- Shadow banking system is a noun.
- What is the plural of shadow banking system?
- The plural of shadow banking system is shadow banking systems.
Words near shadow banking system in the dictionary
Source and license
Adapted from Wiktionary: shadow banking system (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “shadow banking system.” Word.ws, https://word.ws/shadow_banking_system. Based on Wiktionary, CC BY-SA 4.0.