A bank run refers to the widespread and simultaneous efforts of depositors to withdraw their bank deposits. The need for a deposit causes a liquidity shortage for the bank and, in the worst case scenario, could break the bank, which could even result in the loss of unused deposits. Deposits may be linked to a broader banking crisis.
To prevent the escaping of deposits, bank deposits are often partly or even fully guaranteed by the government or by a separate fund controlled by the authorities. Banks are also subject to solvency requirements, which should curb the potential for panic among depositors. The reasons for the deposit failure vary, but generally there is evidence of an increase in the deposit's risk concentration.
Town meeting are meetings between you and your city/town where you talk about what is going on or if anyone wants to talk about having a party. A town meeting could be based off anything but it is just a meeting with you and your town.
