English

Noun

zombie bank ‎(plural zombie banks)

1. (finance, banking) A bank that is insolvent but is propped up by government intervention
   • 1997, December 30, “Martin Mayer”, in Why Secrecy is Bad for Banking:

     But governments and central banks vouched for the zombie banks, which were able to keep borrowing dollars from banks in other countries.

Derived terms

• zombie banker

See also

• zombie bank on Wikipedia.Wikipedia