Crash


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Related to Crash: crash course, crash and burn

Crash

Dramatic loss in market value. The last great crash was in 1929. Some refer to October 1987 as a crash but the market return for the entire year of 1987 was positive.

Crash

A sudden, dramatic, and usually sustained drop in securities market prices. It may be followed by a steep economic downturn, like the 1929 Crash that precipitated the Great Depression. In order to prevent crashes from hurting investors too much at once, most exchanges mandate a cutoff point below which trading stops. For example, the by-laws of a stock market may say that if it loses 10% of its value in intraday trading, the exchange officials automatically stop trading. See also: Panic selling.

crash

A protracted major decline in the securities markets.

Crash.

A crash is a sudden, steep drop in stock prices. The downward spiral is intensified as more and more investors, seeing the bottom falling out of the market, try to sell their holdings before these investments lose all their value.

The two great US crashes of the 20th century, in 1929 and 1987, had very different consequences. The first was followed by a period of economic stagnation and severe depression. The second had a much briefer impact. While some investors suffered huge losses in 1987, recovery was well under way within three months.

In the aftermath of each of these crashes, the federal government instituted a number of changes designed to reduce the impact of future crashes.

crash

any breakdown or malfunction of a COMPUTER.
References in classic literature ?
There was a crash of broken boughs as it dived wildly down into the tangle of green.
It was of the crash into his body of a high-velocity bullet.
Thunderous had been the crash of billows on the rocks, wild the white spray and spume that blew over the bar, troubled and misty and tempest-torn the erstwhile blue peace of Four Winds Harbor.
I broke in with the observation that it must have been before the crash.
The situation itself vanished in the financial crash as a building vanishes in an earthquake--here one moment and gone the next with only an ill-omened, slight, preliminary rumble.
On the sidewalk at the corner of the house Policeman Cleary was standing with one ear upturned, listening to the crash of household utensils.
Surprised, he upturned an ear toward the McCaskey apartment, where the crash of irons and chinaware and the ring of hurled kitchen utensils seemed as loud as before.
There was a crash all around of splitting glass, a further shock.
Levin hardly had time to think when, moving more and more rapidly, the oak tree vanished behind the other trees, and he heard the crash of the great tree falling upon the others.
The flash of lightning, the crash of thunder, and the instantaneous chill that ran through him were all merged for Levin in one sense of terror.
He saw the head of the wave topple over, adding the mite of its crash to the tremendous uproar raging around him, and almost at the same instant the stanchion was wrenched away from his embracing arms.
He turned his back on the room, and walked towards the stairs, but, at the violent crash of the door behind him, he looked over his shoulder and saw that Nikita, with three others, had followed him out.