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   credit crunch

   /ˈkrɛdɪt ˌkrʌntʃ/

   noun

   • 1. a sudden sharp reduction in the availability of money or credit from banks and other lenders: "the beleaguered company has become the latest victim of the credit crunch" Similar credit squeezeeconomic declinedownturnslumpslowdowntroughrecessiondepressionstagnationstagflationhard timesinformal:bustOpposite boomupturn

   Derivatives

   • 1. credit-crunched adjective

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