The situation describing a large financial company whose bankruptcy would be too costly to the financial system and economy is called:

Question

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The term "too-big-to-fail" refers to a situation where a large financial company becomes so important and interconnected to the financial system that its failure would have serious ripple effects on the economy. In this case, the government may feel compelled to intervene in order to prevent the company from failing, as its bankruptcy would be too costly to the financial system and the wider economy. This typically involves some form of government assistance or bailout to keep the company afloat.

The Situation Describing a Large Financial Company Whose Bankruptcy Would