lender of last resort
noun[C]
BANKING,FINANCE,ECONOMICSukusacentralbankorinternationalorganizationthatlendsmoneytobanksorcountriesindifficultfinancialperiodswhen they cannotborrowfromanywhereelse:
TheIMFisknownas thelenderof lastresorttocountriesinfinancialtrouble.
 This example is from Wikipedia and may be reused under a CC BY-SA license.
This example is from Wikipedia and may be reused under a CC BY-SA license.