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crash
(redirected from crashes and burn)

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Crash
A major decline in a financial market.

Notes:
Crashes are substantial and lingering. To be considered a crash, the market decline must be evidenced as a 20% drop in an index's total value.

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 protracted major decline in the securities markets.
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In a nutshell: This ``Phoenix'' crashes and burns and never rises again.
'PHOENIX' A CRASHING BORE by Daily News (Los Angeles, CA)
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