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Run (8)
RUN (8)

Definition: [ ~ on a bank ] A situation when many people suddenly want to take their money out of a bank.
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* All seven elements would be in.


1. Purposeful (to emphasize).

2. Considered a necessity to try to take out money from the (a) particular bank, at particular time, by the people withdrawing money.

3. There is an economic uncertainty. Or the balance sheet and/or the profit and loss accounts of bank does not show positive prospects.

4. All withdrawal requests are met by the besieged bank. That is, monies demanded to be paid out are promptly and fully paid out by 'wonder bank'. (Connect to #5.)

5. Bank will still be 'standing' after 'running' ends, with or without a government bailout!

6. Monies taken out are judiciously used - whether lodged (saved) in another 'more solid' (healthier) bank, invested profitably or ... .

7. (Reserved.) (No unplanned loss or regret(s) arises from decision to pull out money from the suspect safe place (connect to #5 & #6).
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See perfect VOODOO BANKING.

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