Definitions for financial crisis
fi·nan·cial cri·sis

WiktionaryRate this definition:5.0 / 1 vote

1. financial crisisnoun

   A period of economic slowdown characterised by declining productivity and devaluing of financial institutions often due to reckless and unsustainable money lending.

WikipediaRate this definition:0.0 / 0 votes

1. Financial crisis

   A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults. Financial crises directly result in a loss of paper wealth but do not necessarily result in significant changes in the real economy (e.g. the crisis resulting from the famous tulip mania bubble in the 17th century). Many economists have offered theories about how financial crises develop and how they could be prevented. There is no consensus, however, and financial crises continue to occur from time to time.

WikidataRate this definition:5.0 / 2 votes

1. Financial crisis

   The term financial crisis is applied broadly to a variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults. Financial crises directly result in a loss of paper wealth but do not necessarily result in changes in the real economy. Many economists have offered theories about how financial crises develop and how they could be prevented. There is no consensus, however, and financial crises continue to occur from time to time.

How to pronounce financial crisis?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say financial crisis in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of financial crisis in Chaldean Numerology is: 5

2. Pythagorean Numerology

   The numerical value of financial crisis in Pythagorean Numerology is: 2

Examples of financial crisis in a Sentence

1. Jon Cunliffe:

   But as the financial crisis showed us, you don’t have to account for a large proportion of the financial sector to trigger financial stability problems – sub-prime was valued at around $1.2 trillion in 2008.

2. Elizabeth Warren:

   The only way to make sure that derivatives can never lead to a financial crisis and taxpayer bailouts again is to put in place clearer rules and stronger oversight.

3. Melker Schorling:

   We do not think in diversification terms, some of the companies are affected by the industrial cycle but they have been well tested in the financial crisis.

4. Ben Cushing:

   This report makes it clear that financial regulators understand the need for action to ensure that the climate crisis doesn't cause the next financial crisis.

5. Jerry Xu:

   Stocks in the U.S. and Europe are all slumping, so it's not just a China issue. It's the start of a global financial crisis.

References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Financial_Crisis
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Financial_Crisis
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=financial crisis