Vocab Bloom Hub

credit crunch

/ˈkrɛdɪt krʌntʃ/

1 entry

Word connections

phrase

/ˈkrɛdɪt krʌntʃ/C1formalbusiness
  • ruВнезапное сокращение доступности кредитов или займов со стороны банков и финансовых учреждений, часто приводящее к экономическому спаду.

A sudden reduction in the availability of loans or credit from banks and financial institutions, often leading to an economic slowdown.

  1. Economic phenomenonC1formal

    A period of reduced lending activity by banks and financial institutions, often due to increased risk aversion or lack of funds.

    ruКредитный кризис

    • The 2008 financial crisis was triggered by a severe credit crunch.
    • Small businesses struggled to survive during the credit crunch.
    • The government introduced measures to ease the credit crunch.
Vocab Bloom Hub English dataset · 0.3.1

Inherited terms

Vocabulary data from the Vocab Bloom Hub English dataset (CC BY 4.0), https://huggingface.co/datasets/Fristail27/vocab-bloom-hub-en

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