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- nouncredit crunch (noun) · credit crunches (plural noun)
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- A credit crunch is a sudden reduction in the general availability of loans or credit1. It is brought on by a sudden shortage of funds, often an extension of a recession2. During a credit crunch, it becomes nearly impossible for companies to borrow because lenders are scared of bankruptcies or defaults, resulting in higher rates2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A credit crunch (also known as a credit squeeze, credit tightening or credit crisis) is a sudden reduction in the general availability of loans (or credit) or a sudden tightening of the conditions required to obtain a loan from banks.en.wikipedia.org/wiki/Credit_crunchWhat Is a Credit Crunch? A credit crunch refers to a decline in lending activity by financial institutions brought on by a sudden shortage of funds. Often an extension of a recession, a credit crunch makes it nearly impossible for companies to borrow because lenders are scared of bankruptcies or defaults, resulting in higher rates.www.investopedia.com/terms/c/creditcrunch.asp
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WebJun 23, 2017 · The credit crunch refers to a sudden shortage of funds for lending, leading to a decline in loans available. A credit crunch can …
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WebAccording to Collins Dictionary, a credit crunch is: “A period during which there is a sudden reduction in the availability of credit from banks and other lenders.” This reduction in the availability of credit may prolong an …
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