Wall Street Crash Meaning in the Cambridge English Dictionary
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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 ​investorsstoppedbuying American ​assets.
the ​events of Monday, October 19, 1987, when ​shares on the New York Stock Exchange ​lost 508 ​points, causing problems in ​stockmarkets 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 ​stockmarkets around the ​world
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(Definition of Wall Street Crash from the Cambridge Business English Dictionary © Cambridge University Press)
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