Most politicians agree that the Credit Crunch was originally caused by irresponsible lending by banks.
»The credit crunch has led to a sharp fall in the number of home loans.
Financial and business terms. 2012.
credit crunch — ˈcredit ˌcrunch noun [singular] BANKING ECONOMICS when borrowing money becomes difficult because banks are forced to reduce the amount they lend: • One reason for the credit crunch is that bankers fear that regulators are more likely to classify… … Financial and business terms
Credit crunch — For information about the late 2000s credit crisis, see Financial crisis of 2007–2010. For the credit crunch used in closing credits, see Closing credits#Marginalization for television promotion. A credit crunch (also known as a credit squeeze or … Wikipedia
credit crunch — noun a state in which there is a short supply of cash to lend to businesses and consumers and interest rates are high • Syn: ↑liquidity crisis, ↑squeeze • Hypernyms: ↑financial condition * * * credit crunch noun (informal) A sudden and drastic… … Useful english dictionary
Credit Crunch — An economic condition in which investment capital is difficult to obtain. Banks and investors become wary of lending funds to corporations, which drives up the price of debt products for borrowers. Credit crunches are usually considered to be an… … Investment dictionary
credit crunch — /ˈkrɛdət krʌntʃ/ (say kreduht krunch) noun a sudden limitation on the availability of credit, caused by interest rates rising steeply, restrictions on lending suddenly imposed, etc …
Crunch (art and music festival) — Crunch is an annual Art and Music festival[1] that takes place in November in Hay on Wye, Wales. It is held by the Institute of Art and Ideas, a non profit organization which hosts a number of cultural events throughout the year.[2] Crunch brings … Wikipedia
The Golden Compass (film) — The Golden Compass Theatrical release poster Directed by Chris Weitz Produced by … Wikipedia
Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity … Wikipedia
The Oval — This article is about the cricket ground in London. For other uses, see Oval (disambiguation). Not to be confused with Kensington Oval. The Kia Oval … Wikipedia
The Tart — Infobox Newspaper name = The Tart type = satirical newspaper / webzine | format = tabloid foundation = 2007 owners = TartMedia Group editor = Michael Cox | headquarters = London website = [http://www.thetartpaper.com thetartpaper.com] The Tart is … Wikipedia
