TeachMeFinance.com - explain credit crunch credit crunch -- A sudden reduction in the availability of loans
and other types of credit from banks and capital markets at given interest
rates. The reduced availability of credit can result from many factors,
including an increased perception of risk on the part of lenders, an imposition
of credit controls, or a sharp restriction of the money supply.
credit crunch -- slang for a general economic condition in which loans are harder to obtain.
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