(Of a financial organization or other business) so important to the economy of a country that a government or central bank must take measures to prevent it from ceasing to trade or going bankrupt: he caused a stir earlier this month when he said that no company was too big to fail
More example sentences
- Ultimately, if the US authorities eventually behave in a way that convinces the public that the market is too big to fail, the bubble could well last longer; the political spadework has been laid down for years.
- For decades, governments across the West have permitted the creation of moral hazard in the banking system by encouraging the belief that banks are too big to fail.
- And the greater the accumulation of foreign liabilities, the more the Monetary Regime became "too big to fail."
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