Black Tuesday Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “Black Tuesday” in the English Dictionary

"Black Tuesday" in Business English

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Black Tuesdaynoun

uk   us   ECONOMICS, FINANCE, STOCK MARKET
Tuesday, October 29, 1929, when the ​price of ​shares on the New York Stock Exchange ​reached its ​lowestlevel and the ​period called the Great Depression began: The ​stockmarketcollapse which culminated in Black Tuesday on ​Oct. 29, shattered illusions about unending ​wealth and the ​ease of ​speculation.
(Definition of Black Tuesday from the Cambridge Business English Dictionary © Cambridge University Press)
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