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English definition of “collapse”

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collapse

verb [I]
 
 
/kəˈlæps/
to suddenly fail or become unable to continue: the system/economy/government, etc. collapses Without computers the whole economic system would collapse.a company/bank/industry, etc. collapses The bank collapsed after an alleged massive fraud. talks/negotiations collapse
FINANCE to suddenly fall to a much lower level: prices/shares collapse Share prices collapsed after news of poor trading. Construction jobs were lost as the property market collapsed.
(Definition of collapse verb from the Cambridge Business English Dictionary © Cambridge University Press)
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