Black Friday

1. Financial markets.

In financial markets, Black Friday means Friday 13 October 1989, a mini-crash in stock markets which was followed by a crash in high-yield ('junk') bond markets.

2. Retail.

In retail, Black Friday is the day following Thanksgiving Day in the US in November, on which many market participants discount retail prices.

See also

• Big Bang
• Black Monday
• Black Wednesday
• Black Tuesday
• Cliff edge
• Crash
• Cyber Monday
• Global Financial Crisis
• High-yield bond
• Wall Street Crash