shadow banking

noun

shadow banking

noun

Etymology From shadow banking system.

1

Banking, Business, Economics, Finance, Sciences Derogatory Bank-like activities that are not subject to existing bank regulation.

Derived terms: shadow banking system
Related terms: shadow account, shadow bank, hedge fund, money-market fund, bank holding company

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.