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English definition of “graveyard market”

graveyard market

noun [C]
 
 
STOCK MARKET
a period during which prices in a financial market have been going down for a long time and there is very little trading activity. This is because shareholders do not want to lose money by selling their shares very cheaply, and investors do not want to buy new shares until the situation improves: The crash itself, though large in its own right, was nothing compared to the ensuing graveyard market and devastating depression.
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(Definition of graveyard market from the Cambridge Business English Dictionary © Cambridge University Press)
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