Definition of credit crunch in English:

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credit crunch

Pronunciation: /ˈkredit ˌkrənCH/

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.
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