Meaning of “Black Thursday” in the English Dictionary

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"Black Thursday" in Business English

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Black Thursdaynoun

uk us ECONOMICS, FINANCE, STOCK MARKET

Thursday, October 24, 1929, when prices on the New York Stock Exchange started to lose a lot of their value and the period called the Great Depression began:

Have we learnt nothing from the billions lost on Black Thursday?

(Definition of “Black Thursday” from the Cambridge Business English Dictionary © Cambridge University Press)