Meaning of “Wall Street Crash” in the English Dictionary

"Wall Street Crash" in Business English

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Wall Street Crashnoun [ S ]

uk us FINANCE, STOCK MARKET

the events in October 1929, when shares on the New York Stock Exchange lost a lot of their value, causing serious economic problems in the US and Europe and leading to the Depression:

Economic advisors said there was a danger of a Wall Street crash if investors stopped buying American assets.

the events of Monday, October 19, 1987, when shares on the New York Stock Exchange lost 508 points, causing problems in stock markets around the world

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the events of Monday, October 27, 1997, when shares on the New York Stock Exchange lost 554 points causing problems in stock markets around the world

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(Definition of “Wall Street Crash” from the Cambridge Business English Dictionary © Cambridge University Press)