NOUN
- a state in which there is a short supply of cash to lend to businesses and consumers and interest rates are high
How To Use credit crunch In A Sentence
- Nevertheless, the international credit crunch and the weakening of global growth will "aggravate" the slowdown of the Icelandic economy, Mr. Haarde said. As Iceland's Krona Falls,
- How has the credit crunch affected your business? Times, Sunday Times
- But for many smaller outfits, the slowdown has become a full-blown credit crunch.
- EVERY episode in the credit crunch has had its dramatic flourish.
- Investors have been spooked by the credit crunch and the uncertainty over the future of Northern Rock. Times, Sunday Times
- The admission - in footnotes to this month's Budget - is the most official recognition yet that the credit crunch is deterring people from moving home. Treasury predicts housing market slowdown
- Surely a crucial cause of the 'credit crunch' has been overvaluation of so called toxic assets in banks' balance sheets. Times, Sunday Times
- These loans were considered partially to blame for the credit crunch. Times, Sunday Times
- Investors have been spooked by the credit crunch and the uncertainty over the future of Northern Rock. Times, Sunday Times
- In the aftermath of a credit crunch, with banks across the world still woefully undercapitalised, still paying fortunes in bonuses and still not accepting the full write-offs on their pre-2008 lending, this is especially worrying. Don't blame the euro for the ills besetting Ireland's economy
