CREDIT CRUNCH
(noun)
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Rhymes
Definitions
There is 1 meaning of the phrase
Credit Crunch.
Credit Crunch - as a noun
A state in which there is a short supply of cash to lend to businesses and consumers and interest rates are high
Synonyms (Exact Relations)
Example Sentences
"The credit crunch of 2008 resulted in numerous bank failures."
"Many businesses struggled to obtain loans during the credit crunch."
"The credit crunch caused a significant decrease in consumer spending."
"Banks implemented stricter lending policies due to the credit crunch."
"The housing market collapsed during the credit crunch."
