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
그것은 1987 년 10 월 19에서 일 때 다우 존스 산업 평균 (DJIA) ' s 값 하루에 단지 22.6% (약 500만 달러) 떨어졌다. 그것은 역사에서 가장 큰 일일 시장이 추락 했다. 충돌 홍콩에서 시작 하 고 1 일에 미국 시장에 타격을 서쪽 유럽 그리고 결국 확산.
Domain: Financial services; Category: General Finance
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By: dnatalia