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English definition of “the dotcom crash”

the dotcom crash

noun [S]
 
 
(also the dot.com crash, also the dot-com crash) E-COMMERCE, INTERNET
the period early in the year 2000 when share prices suddenly went down as hundreds of companies doing business on the internet failed or lost most of the value of their shares: After the dot-com crash, there was a misconception that there were no more high-tech software jobs.
(Definition of the dotcom crash from the Cambridge Business English Dictionary © Cambridge University Press)
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