Home > Blossary: Financial Crisis
A situation in which the value of financial institutions or assets drops rapidly. A financial crisis is often associated with a panic or a run on the banks, in which investors sell off assets or withdraw money from savings accounts with the expectation that the value of those assets will drop if they remain at a financial institution.
Category: Business
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Created by: dnatalia
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It happened in the 19 of October 1987, when Dow Jones Industrial Average (DJIA)'s value dropped by 22.6% ( around USD 500 million) just in one day. It was the largest one-day market crash in history. The crash began in Hongkong and spreading to west to Europe and eventually hit US market just in one day.
Domain: Financial services; Category: General Finance
それは 1987 年 10 月の 19 で起こったときにダウ ・ ジョーンズ工業株平均 （ダウ平均） ' s 値 1 日だけで （約 5 億米ドル) 22.6% によって、落ちた。それは歴史の中で最大の 1 日の市場の暴落だった。香港でクラッシュ始めたし、1 日だけで米国市場に出回る最終的にヨーロッパに西に広がっています。
Domain: Financial services; Category: General Finance
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By: dnatalia