Great Crash

(redirected from Crash of 29)

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
References in periodicals archive ?
But the stock market crash of 29 took care of that problem rather nicely.