Black Thursday

noun ECONOMICS, FINANCE, STOCK MARKET

Definition

› 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 noun from the Cambridge Business English Dictionary © Cambridge University Press)

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