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English definition of “Black Tuesday”

Black Tuesday

noun     ECONOMICS, FINANCE, STOCK MARKET
Tuesday , October 29, 1929, when the price of shares on the New York Stock Exchange reached its lowest level and the period called the Great Depression began : The stock market collapse which culminated in Black Tuesday on Oct . 29, shattered illusions about unending wealth and the ease of speculation . → Compare Black Monday, Black Thursday, Black Wednesday, Wall Street Crash
(Definition of Black Tuesday noun from the Cambridge Business English Dictionary © Cambridge University Press)
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