Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “hard landing”

hard landing

noun [C]
 
 
ECONOMICS, FINANCE
a sudden, big decrease in economic activity and in the money available for loans following a period of economic growth. A hard landing is usually the result of a central bank raising interest rates too much in an attempt to control inflation: A hard landing for the US economy could send shock-waves through the global financial system.
→  Compare soft landing
(Definition of hard landing from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of hard landing?
Add Cambridge dictionaries to your browser to your website

Word of the Day

luck

the force that causes things, especially good things, to happen to you by chance and not as a result of your own efforts or abilities

Word of the Day

A certain je ne sais quoi: French words and phrases used in English

by Liz Walter,
January 21, 2015
It is an odd irony that the more sophisticated your use of English is, the more likely you are to use French words and phrases. Or, to be more accurate, ones you know to be French – words such as ballet, au pair, abattoir, fiancé, café, and restaurant are so entrenched in

Read More 

micro pig noun

January 26, 2015
an extremely small pig, bred to be a pet Micro pigs have become popular pets recently, with famous owners including Victoria Beckham, Paris Hilton and Olympic diver, Tom Daley.

Read More