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A sudden sharp reduction in the availability of money or credit from banks and other lenders:‘the beleaguered company has become the latest victim of the credit crunch’
credit squeeze, economic decline, downturn, slump, slowdown, trough, recession, depressionView synonyms
- ‘Meanwhile, the global credit crunch has dried up capital inflows to the region.’
- ‘The credit crunch has forced the Queen to scale down the annual Christmas festival at her Sandringham home.’
- ‘The credit crunch was expected to make shoppers too scared to commit to big purchases.’
- ‘I expect the factoring industry will continue to grow, even during the current credit crunch.’
- ‘It doesn't really sound a lot like the credit crunch.’
- ‘Economic recovery will also be impaired by the ongoing credit crunch.’
- ‘The credit crunch has forced several major lenders out of the student loan market.’
- ‘Taken to its extreme, this process leads to a credit crunch.’
- ‘David Cameron will insist he has not compromised his commitment to environmental politics despite the challenges of the global credit crunch.’
- ‘Families are already struggling to cope with the effects of the credit crunch.’
- ‘It isn't just the centre of Liverpool which will be hit by the credit crunch.’
- ‘The problem is that, thanks to the credit crunch, nowhere can be called safe anymore.’
- ‘The glossy bunch is starting to really feel the pinch of the credit crunch.’
- ‘The banks here in Japan were largely believed to be able to handle any sort of global credit crunch.’
- ‘The corporate bond market, which has been vibrant for a few months, continued its invulnerability to the credit crunch this week.’
- ‘Meanwhile, the ECB's money supply data suggests the credit crunch is tightening its grip on the wider economy.’
- ‘J. P. Morgan warns that earnings of four big security firms could be hurt even more by the credit crunch.’
- ‘What could really hurt the industry is the credit crunch.’
- ‘The current credit crunch will lead to landlords selling their properties, which will help to bring prices down.’
- ‘Some people think that the credit crunch will make cheaper houses available.’
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