Definition of credit crunch in US English:

credit crunch

noun

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

Pronunciation

credit crunch

/ˈkrɛdɪt ˌkrəntʃ//ˈkredit ˌkrənCH/