Tuesday, August 18, 2015

Term of the Day: Too Big To Fail

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August 18, 2015
Too Big To Fail

The idea that a business has become so large and ingrained in the economy that a government will provide assistance to prevent its failure. "Too big to fail" describes the belief that if an enormous company fails, it will have a disastrous ripple effect throughout the economy.

Breaking It Down:

Large companies generally do business with many other companies for supplies and services. If a large company fails, the companies that rely on it...

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