A day of the week on which banks traditionally do not conduct business, even though it is not a public holiday (an otherwise normal day, where banks are closed for business). – Day on which banks must remain closed by government order, mainly when a crisis situation has arisen in the financial market. In the U.S., for example, a four-day forced closing of all institutions was ordered under the Emergency Banking Act in March 1933. – See Run.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/