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credit crunch

Line breaks: credit crunch
Pronunciation: /ˈkrɛdɪtkrʌntʃ
 
/

Definition of credit crunch in English:

noun

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.
Synonyms
credit squeeze, economic decline, downturn, slump, slowdown, trough, recession, depression;
hard times
informal bust

Derivatives

credit-crunched

1
adjective
Example sentences
  • In these credit-crunched times, one industry is still booming: oil.
  • You want to buy a car and, in these credit-crunched times, secondhand looks like the sensible choice.
  • The timing, with everyone else credit-crunched and recession-haunted, made it all the more loathsome.

Definition of credit crunch in:

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