Systemic market failure/Definition

From Citizendium
Jump to navigation Jump to search
This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.


Systemic market failure [r]: A widespread reluctance to undertake transactions made on credit, or involving delayed delivery, because of fear that parties to such transactions may default.