A sudden sharp reduction in the availability of money or credit from banks and other lenders: the beleaguered company has become the latest victim of the credit crunch
More example sentences
- Economic recovery will also be impaired by the ongoing credit crunch.
- The corporate bond market, which has been vibrant for a few months, continued its invulnerability to the credit crunch this week.
- What could really hurt the industry is the credit crunch.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.