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Black Friday
(redirected from Black Friday (disambiguation))

    Also found in: Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
Black Friday
A precipitous drop in a financial market . The original Black Friday occurred on September 24, 1869, when prospectors attempted to corner the gold market.
Black Friday
A widely used reference to September 24, 1869, the date on which stock market operator Jay Gould nearly cornered the gold market. Although eventually broken by government selling of the metal, the corner resulted in massive failures on Wall Street. Gould made considerable profits on the manipulation, but his brokers declared bankruptcy.


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