Meaning of the word "financial crisis" in English
What does "financial crisis" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
financial crisis
US /faɪˈnænʃəl ˈkraɪsɪs/
UK /faɪˈnænʃəl ˈkraɪsɪs/
Noun
a situation in which financial assets suddenly lose a large part of their nominal value
Example:
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The country is facing a severe financial crisis.
•
Many businesses failed during the last global financial crisis.
Related Word: