Credit crunch: Difference between revisions
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''Economics.'' | ''Economics.'' | ||
#A large and rapid reduction in the general availability of borrowings, or a similarly large and rapid increase in the cost of borrowing. | |||
#In particular, the rapid reduction in interbank lending from 2007, and its wide ranging adverse effects on other financial markets and on the economy. | |||
== See also == | == See also == | ||
* [[Credit]] | * [[Credit]] | ||
* [[Financial market risk]] | * [[Financial market risk]] | ||
Revision as of 12:29, 5 August 2013
Economics.
- A large and rapid reduction in the general availability of borrowings, or a similarly large and rapid increase in the cost of borrowing.
- In particular, the rapid reduction in interbank lending from 2007, and its wide ranging adverse effects on other financial markets and on the economy.
