Black Tuesday Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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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 lowest level and the period called the Great Depression began: The stock market collapse 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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