Wall Street Crash

Wall Street Crash
Wall Street Crash ˌWall Street ˈCrash noun FINANCE
1. the period in October 1929 when shares and other investments in the US fell in value by very large amounts, and that was followed by the depression
2. October 19, 1987, when shares in the US fell in value by very large amounts, with similar declines in stockmarkets elsewhere; = Black Monday

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Wall Street Crash UK US noun [S] FINANCE, STOCK MARKET
the events in October 1929, when shares on the New York Stock Exchange lost a lot of their value, causing serious economic problems in the US and Europe and leading to the Depression: »

Economic advisors said there was a danger of a Wall Street crash if investors stopped buying American assets.

Compare THE DEPRESSION(Cf. ↑the Depression)
the events of Monday, October 19, 1987, when shares on the New York Stock Exchange lost 508 points, causing problems in stock markets around the world
Compare BLACK MONDAY(Cf. ↑Black Monday)
the events of Monday, October 27, 1997, when shares on the New York Stock Exchange lost 554 points causing problems in stock markets around the world
Compare BLACK MONDAY(Cf. ↑Black Monday)

Financial and business terms. 2012.

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Look at other dictionaries:

  • Wall Street Crash — Wall Street Crash, the the sudden large fall in the value of company ↑shares on the US Stock Exchange in October 1929. For about two years before this, the price of shares had risen very fast, and when people realized that companies were… …   Dictionary of contemporary English

  • Wall Street Crash of 1929 — Black Tuesday redirects here. For other uses, see Black Tuesday (disambiguation). Crowd gathering on Wall Street after the 1929 crash. The Wall Street Crash of 1929 (October 1929), also known as the Great Crash, and the Stock Market Crash of 1929 …   Wikipedia

  • (the) Wall Street Crash — the Wall Street Crash UK US a famous event in 1929 when the value of shares on the wall street stock exchange in New York fell so low that many people lost all their money. This event led to the Depression of the 1930s.… …   Useful english dictionary

  • Wall Street Crash, 1929 —    The greatest financial crash in the history of the United States occurred in October 1929. Following several months during which security prices fell, on “Black Thursday,” 24 October, more than 13 million shares were traded on the stock… …   Historical Dictionary of the Roosevelt–Truman Era

  • the Wall Street Crash — UK / US a famous event in 1929 when the value of shares on the wall street stock exchange in New York fell so low that many people lost all their money. This event led to the Depression of the 1930s …   English dictionary

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