financial crisis
Hello, you have come here looking for the meaning of the word financial crisis. In DICTIOUS you will not only get to know all the dictionary meanings for the word financial crisis, but we will also tell you about its etymology, its characteristics and you will know how to say financial crisis in singular and plural. Everything you need to know about the word financial crisis you have here. The definition of the word financial crisis will help you to be more precise and correct when speaking or writing your texts. Knowing the definition offinancial crisis, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Pronunciation
Audio (AUS) (file)
Noun
financial crisis (plural financial crises)
- An episode of sharp instability in the global or a local financial system in which financial assets lose a significant proportion of their value, often caused by the bursting of an economic bubble.
Translations
episode of instability in financial systems
|
See also
References
- Guttmann, Robert (2015) “Financial crisis”, in Louis-Philippe Rochon, Sergio Rossi, editors, The Encyclopedia of Central Banking, Edward Elgar Publishing, →ISBN, pages 185–87