Great Crash
(redirected from Crash of 1929)Great Crash
1. Three trading days where the New York Stock Exchange lost a significant amount of value very quickly. The Great Crash presaged the Great Depression, though it had already started in some areas. See also: Black Thursday, Black Monday, Black Tuesday.
2. An alternative (and slightly inaccurate) term for the Great Depression.
2. An alternative (and slightly inaccurate) term for the Great Depression.
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Great Crash
The major declines in economic activity and stock prices that occurred in 1929 and the early 1930s.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.