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English definition of “Black Thursday”

Black Thursday

noun
 
 
ECONOMICS, FINANCE, STOCK MARKET
Thursday, October 24, 1929, when prices on the New York Stock Exchange started to lose a lot of their value and the period called the Great Depression began: Have we learnt nothing from the billions lost on Black Thursday? → Compare Black Monday, Black Tuesday, Black Wednesday, Wall Street Crash
(Definition of Black Thursday from the Cambridge Business English Dictionary © Cambridge University Press)
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