credit crunch

« Back to Glossary Index
Tags: economy

A credit crunch is an economic condition in which investment capital is difficult to obtain. Banks and investors become wary of lending funds to corporations, which drives up the price of debt products for borrowers. Often an extension of a recession, a credit crunch makes it nearly impossible for companies to borrow because lenders are scared of bankruptcies or defaults, resulting in higher rates.
(source: http://www.investopedia.com/terms/c/creditcrunch.asp#ixzz4O7KCnSBt)

« Back to Glossary Index
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on whatsapp
WhatsApp
Share on telegram
Telegram
Share on email
Email
Share on print
Print

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *