credit crunch
/ˈkredɪt krʌntʃ/noun
उच्चारण क्रेडिट क्रन्च
ऋण संकट, साख संकट
Advanced word
noun
- 1
[C, usually singular] finance
a situation in which it suddenly becomes difficult and expensive to borrow money, because banks are not willing to lend
ऋण संकट, साख संकट
- Many small businesses closed during the credit crunch.
- The credit crunch of 2007 and 2008 led to a worldwide recession.
Synonyms credit squeeze