Meaning of “crisis-hit” in the English Dictionary

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"crisis-hit" in Business English

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crisis-hitadjective [ before noun ]

uk us

experiencing or having experienced a dangerous or difficult situation, especially a difficult financial situation:

Inflation is now out of control in the crisis-hit country.
News of a possible takeover sent shares in the crisis-hit retailer soaring.

(Definition of “crisis-hit” from the Cambridge Business English Dictionary © Cambridge University Press)