Vocabulary Term Details

Economic crises

Definition (http://en.wikipedia.org/wiki/Economic_crises)

The term financial crisis is applied broadly to a variety of situations in which some financial assets suddenly lose a large part of their nominal value. (Wikipedia)

Preferred Units: N/A

Scope Note:
N/A

Broader TermsNarrower TermsRelated Terms
Economic phenomena
Agricultural crisis
Economic situation

This term is used for the following terms: 
Financial crisis

Approved Date
19-Jun-2013

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