Definition of Runoff:
Withdrawal of cash from banks by depositors (during periods of low interest rates) to invest in bonds, stocks (shares), and mutual funds (unit trusts) that yield higher returns. See also disintermediation.
Reduction in a banks loan portfolio (its primary asset and major source of income) as loans are paid-off and the new loans either do not fill the gap or are contracted at lower interest rates.
Synonyms of Runoff
Bout, By-election, Caucus, Closed primary, Congressional election, Contest, Contested election, Decathlon, Defluxion, Direct primary, Discharge, Double-header, Doubles, Drain, Drainage, Effluence, Efflux, Effluxion, Effusion, Election, Event, Exhalation, Exhaust, Flowoff, Foursome, Game, Games of chance, General election, Go, Gush, Mandatory primary, Match, Meet, Nonpartisan primary, Open primary, Optional primary, Outfall, Outflow, Outflowing, Outpour, Outpouring, Partisan election, Pentathlon, Play, Play-off, Preference primary, Presidential election, Presidential preference primary, Presidential primary, Primary, Primary election, Race, Referendum, Runoff election, Runoff primary, Singles, Sport, Threesome, Twosome
How to use Runoff in a sentence?
- Investing often involves many changing variables especially relating to the investment being comprised of a portfolio where there is often runoff regarding excess funds.
- When you start to pay the runoff on a bank loan you can eventually get it all paid off and no longer be in debt.
- When you borrow money from a bank and you pay back the runoff you will owe less money over time.
Meaning of Runoff & Runoff Definition