credit crunch
noun/ˈkredɪt krʌntʃ/
/ˈkredɪt krʌntʃ/
[usually singular] (economics)- an economic condition in which it suddenly becomes difficult and expensive to borrow money
信贷紧缩 - In a credit crunch, lenders stop lending and credit becomes tough to obtain.
在信贷紧缩的情况下,贷方停止放贷,信贷变得难以获得。 - Consumer confidence is plunging as the credit crunch hits household budgets.
随着信贷紧缩影响家庭预算,消费者信心正在大幅下降。 - Many companies will not survive the unfolding credit crunch.
许多公司将无法在不断出现的信贷紧缩中幸存下来。
- In a credit crunch, lenders stop lending and credit becomes tough to obtain.