Black Monday Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "Black Monday" - Business English Dictionary

Black Monday

noun
 
 
ECONOMICS, FINANCE, STOCK MARKET
Monday, October 28, 1929, when the price of shares on the New York Stock Exchange lost a lot of their value, causing very serious economic problems in the US and Europe, and leading to the Great Depression of the 1930s : Black Monday kicked off the Depression. →  Compare Black Thursday , Black Tuesday , Black Wednesday , Wall Street Crash
Monday, October 19, 1987, when the price of shares on the New York Stock Exchange lost 508 points from their value, causing problems in stock markets around the world: It launched its first unit trusts at an inauspicious time - July 1987, just three months before Black Monday.
Monday, October 27, 1997, when the price of shares on the New York Stock Exchange lost 554 points from their value, causing problems in stock markets around the world
(Definition of Black Monday from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of Black Monday?
Add Cambridge dictionaries to your browser to your website
Word of the Day
poke

to greet someone on a social networking website by leaving them a special short message

Word of the Day

The cake was made by my sister: how to use the passive in English.
The cake was made by my sister: how to use the passive in English.
by Liz Walter,
June 24, 2015
Look at these two sentences: My sister made the cake. The cake was made by my sister. Both these sentences mean the same. The first is an active sentence: it tells you what the sister did. The second is a passive sentence: it tells you what happened to the cake. Here are

Read More 

burger noun
burger noun
June 29, 2015
a menu on a computer screen comprising three short parallel horizontal lines which the user clicks to see options Definitely use a burger. You could put the settings in the burger menu too. Fix the settings to the bottom of the burger menu and use a vertically scrolling contact list that scrolls behind

Read More