Definition of SIFI in English:

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SIFI

Pronunciation: /ˈsɪfi/

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
  • It may be designated a non-bank SIFI under a Financial Stability Oversight Council proposal.
  • I suggest that the problem with SIFIs is they are fundamentally inconsistent with capitalism.
  • Under the proposed rules, identifying systemically important financial institutions other than banks - in short, nonbank SIFIs - will normally be a sequential three-stage process.

Origin

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

For editors and proofreaders

Line breaks: SIFI

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