bank failure

1. 1.

   the inability of a bank to meet its credit obligations

   Broaderfailure

Questions about bank failure

What does bank failure mean?

bank failure means "the inability of a bank to meet its credit obligations".

Is bank failure a common word?

bank failure is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.