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SIFI

Syllabification: SI·FI
Pronunciation: /ˈsifē
 
/

Definition of SIFI in English:

noun (plural SIFIs)

chiefly US
A financial institution regarded as so important to the economy that its failure could lead to a widespread economic crisis: G20 finance ministers endorsed a comprehensive framework to reduce the risks posed by SIFIs
More example sentences
  • There had been talk that the bank sought to be included on the Sifi list as a way of showing that it was part of the global elite.
  • The minimum leverage capital requirement for SIFIs should be increased to a level well above the current requirement of five percent for well-capitalized institutions.
  • Now they are turning their sights to so-called domestic SIFIs, banks deemed big enough to cause harm to their country's financial system should they run into trouble.

Origin

early 21st century: acronym from systemically important financial institution.

Definition of SIFI in:

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