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Concept information

social science subjects > business and management > international business > international finance > too big to fail
social science subjects > business and management > finance > international finance > too big to fail

Preferred term

too big to fail  

Definition(s)

  • The term too big to fail refers to a corporation, an organization, or an industry sector that is considered by the United States government to be too important to the overall health of the economy to be allowed to fail. Beginning in the 1980s, the term was applied to the banking industry during the Continental Illinois Bank and Trust Company crisis. [Source: Encyclopedia of Business in Today's World; Too Big to Fail]

Broader concept(s)

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URI

http://data.loterre.fr/ark:/67375/N9J-GGK3GP3X-6

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