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English definition of “crisis”

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crisis

noun [C or U]
 
 
/ˈkraɪsɪs/ ( plural crises /ˈkraɪsiːz/)
a situation that is extremely difficult or dangerous, when there are many problems: a major/serious/global crisis an economic/financial/political crisisa looming/impending/growing crisis This matter needs to be discussed, in the light of the looming pensions crisis.cause/create a crisis The ban, fortunately, did not create a crisis in the dairy industry.face a crisis The industry is facing a serious staffing crisis.a crisis arises/occurs/deepens This article examines how the debt crisis arose,address/resolve/solve a crisis A mediator has been called in to resolve the crisis. The country's leadership is in crisis.
crisis of confidence a situation when people become less confident and start to worry: The company's poor trading figures provoked a crisis of confidence on the stock markets.
(Definition of crisis from the Cambridge Business English Dictionary © Cambridge University Press)
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