Credit Crunch

Credit Crunch refers to a situation where supply of credit falls even though there is sufficient demand for it.

Share it: CITE

Previous:
Computer Programming

Next:
Credit History

Related Definitions

Credit Application
Credit Application is permission sought for a loan allowance. It...
Credit unions
Credit unions are member-owned savings cooperatives, normally sponsored by a...
Unified tax credit
Unified tax credit is a tax credit that can be...
Past-service credits
Past-service credits mean pension benefits awarded to employees based on...
Credit default swap
Credit default swap is an agreement in which the risk...