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Financial meltdown

    0.03 sec.
Financial meltdown
Refers to events like steep fall in stock markets, decline in asset values, corporate losses etc. that hurt the economy and lead to losses for investors.


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Li's meetings with Prime Minister Jose Luis Rodriguez will "play a key role" in financial stabilisation, Xinhua news agency's fifth largest, slumped into recession during the second half of 2008 as the global financial meltdown compounded the collapse of the once-booming property market.
STEVE Burr insists he has neither been told to sell his top players, nor cut his budget as Kidderminster Harriers bid to escape financial meltdown.
Electronic payments have surged in the United States to more than 75 percent of all noncash payments as check usage continues to fall by the wayside and a global financial meltdown after the Lehman Brothers, vice president of the Federal Reserve Bank of Atlanta, which sponsored the study.
 
 
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