What is another word for credit crunch?
Pronunciation:
[ kɹˈɛdɪt kɹˈʌnt͡ʃ], [ kɹˈɛdɪt kɹˈʌntʃ], [ k_ɹ_ˈɛ_d_ɪ_t k_ɹ_ˈʌ_n_tʃ]
Table of Contents
Synonyms for Credit crunch:
n.
-
•
- Agronomics,
- depression,
- boom,
- buoyancy,
- capitalist.
Other synonyms:
-
•
- political economy,
- poverty line,
- wrapper,
- national product,
- gross national product,
- NDP,
- inflationary spiral,
- downswing,
- inflation,
- globalisation,
- hyperinflation,
- overheat,
- gnp,
- austerity,
- poverty trap,
- boom and bust,
- economic indicator,
- stagnation,
- world economy,
- global economy,
- the First World,
- national debt,
- deflation,
- quantitative easing,
- national income,
- recession,
- turndown,
- supply and demand,
- the purse strings,
- money supply,
- gross domestic product,
- market forces,
- smart growth,
- globalization,
- net domestic product,
- gdp,
- stagflation,
- disinflation,
- downturn,
- uptrend,
- net national product,
- NNP,
- wealth creation,
- consumer confidence,
- reflate,
- leading economic indicator.
- grim,
- economic science,
- low-spirited,
- stuff,
- natural depression,
- wedge,
- peace dividend,
- procrastinate,
- corner,
- falling off,
- ontogeny,
- squeeze play,
- airiness,
- increase,
- economic crisis,
- crush,
- extort,
- doldrums,
- correct,
- ceding back,
- imprint,
- emergence,
- clinical depression,
- supply side,
- cpi,
- outgo,
- dollar mark,
- autocracy,
- maturation,
- gold rush,
- carrell,
- sink,
- down in the mouth,
- buck,
- rack,
- wrapping,
- force,
- niche,
- gouge,
- nausea,
- flourish,
- blue,
- gloomy,
- dillydally,
- windfall,
- unwellness,
- twitch,
- hale,
- drag one's heels,
- boom out,
- thriftiness,
- sales booth,
- downhearted,
- pinch,
- twinge,
- increment,
- low,
- capitalistic,
- downcast,
- manufacture,
- cubicle,
- manna from heaven,
- malady,
- diligence,
- double-dip,
- gravy,
- falloff,
- embrace,
- housecoat,
- growing,
- clam,
- poverty level,
- microphone boom,
- disbursal,
- bosom,
- blast,
- kiosk,
- puncture,
- puffiness,
- dispirited,
- neglige,
- nonacceptance,
- smash,
- ostentatiousness,
- GNI,
- receding,
- stalling,
- drag one's feet,
- compact,
- fall off,
- autarky,
- din,
- thrive,
- irrepressibility,
- dilly-dally,
- bunce,
- slouch,
- thrust,
- perkiness,
- peignoir,
- broad money,
- slide down,
- green shoots,
- post-industrial,
- wrap,
- monetary,
- constrict,
- nip,
- gdp per capita,
- cost-of-living index,
- shove,
- ontogenesis,
- splashiness,
- rising prices,
- chancellor,
- squash,
- negligee,
- tweet,
- nail,
- outgrowth,
- pomposity,
- nonindulgence,
- clinch,
- roaring,
- power play,
- pressure,
- saving,
- zero growth,
- the public purse,
- expenditure,
- dollar bill,
- coerce,
- drop-off,
- carrel,
- booth,
- industriousness,
- dollar sign,
- asceticism,
- wring,
- stagnancy,
- compress,
- godsend,
- decline,
- squelch,
- one dollar bill,
- squeezing,
- economic system,
- bonanza,
- stand,
- pretentiousness,
- disbursement,
- enterprise culture,
- conk,
- thunder,
- illness,
- outlay,
- economic cycle,
- hug,
- expand,
- roar,
- great depression,
- press,
- down,
- mash,
- slack,
- impression,
- pompousness,
- recess,
- shillyshally,
- contract,
- development,
- ostentation,
- trade figures,
- sphere,
- depressive disorder,
- recessional.
How to use "Credit crunch" in context?
The credit crunch or financial crisis of 2007-08 was a worldwide economic downturn caused by significant reductions in the supply of credit. Subprime mortgage loans, backed by inadequate credit, became the focus of an unprecedented financial crisis in the United States.
Investors around the world viewed U.S. subprime mortgages as high-yield investments, and therefore snapped up the loans. When housing prices began to decline, many homeowners who had taken out subprime mortgages were unable to meet their payments. This decreased the availability of credit, which in turn caused a decline in economic activity.
Word of the Day
- Synonyms:
