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What is another word for financial crisis?

Pronunciation: [fa͡ɪnˈanʃə͡l kɹˈa͡ɪsɪs] (IPA)

A financial crisis is a situation when there is a severe disruption in the functioning of a financial market or system that leads to significant economic instability or recession. Synonyms for "financial crisis" include economic crisis, market crash, financial meltdown, monetary crisis, fiscal setback, credit crisis, and banking crisis. The term "recession" is often used synonymously with "financial crisis," as it refers to a period of economic decline characterized by a significant decrease in GDP for several months in a row. Other related terms include depression, stock market crash, and monetary collapse. While these terms may have slightly different nuances, they are all commonly used to describe a period of financial distress and instability.
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What are the hypernyms for Financial crisis?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Financial crisis

  • The President and the Democrats on Congress have exploited the financial crisis to advance their socialist big government tax, spend and borrow agenda.
    Bradley A. Blakeman
  • Asean is obviously a very important association for us. Over the past 30 years Asean has made great strides in regional cooperation covering a number of areas, although recently it has been under strain because of the financial crisis and other challenges.
    Hassanal Bolkiah
  • The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength.
    George W. Bush
  • Being on a movie set is like one long financial crisis.
    John Cusack
  • No one should have to choose between medicine and other necessities. No one should have to use the emergency room every time a child gets sick. And no one should have to live in constant fear that a medical problem will become a financial crisis.
    Brad Henry

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