A
financial crisis refers to a situation where there is a sudden and severe disruption in the financial system, which negatively affects the economy and people's ability to manage their money. It usually involves problems like banks failing, stock market crashes, high unemployment, and difficulties in borrowing or lending money. This crisis can impact businesses, individuals, and countries, causing a lot of economic instability and hardships for many people.
Full definition
If the progress we have seen over the last several years is sustained, the incidence
of financial crises in emerging markets will be lower, and the dynamics significantly different.
Even though these numbers seem relatively weak compared to the early 2000s, they represent a significant improvement from the
global financial crisis of just five years ago.
With the global
financial crisis in full force their management was forced to make tough spending choices.
An endowment policy encourages disciplined savings behavior and takes care of financial needs
during financial crisis.
An affordable and best policy to cover your home
from financial crisis offers best of coverages and helps you come out from any destruction.
The properties were bought with borrowed money and the mortgage scheme collapsed when the global
financial crisis hit.
In a situation he got faced
with financial crisis, she stood behind him in financial security and proved once again strong emotional attachment.
Central bankers, regulators and policy - makers have been attacking the 2008 global
financial crisis as a complicated problem, implementing regulations to address specific failings of the financial system.
Many car manufacturers got out of leasing in 2008 during the global
financial crisis when credit markets seized.
The situation can lead to a worse
financial crisis for the family who might struggle to float in the absence of the income of the policy holder.
Because the last few tax cuts have
followed financial crises, poorer people may have used the extra income to increase their cushion by building up assets or paying down debt.
This could
cause financial crisis, forcing you to continue with the house and the mortgage or home equity loan payments.
It simply states that having a term plan will ensure that your family does not have to
face financial crisis in your absence.
Brokers and dealers made millions — worth decades of real work by real people — en route to the
current financial crisis.
Many, having survived the
Asian financial crisis of 1998, already had stricter rules governing banks and financial derivatives like mortgage - backed securities.
This not only cushions you from getting
into financial crisis but also safeguards your financial profile.
These loans were also the primary driver of the global
financial crisis because many were made without properly analyzing and documenting a borrower's ability to repay the loan.
Economic growth remains the central bank's priority and it doesn't intend to let theoretical worries
about financial crises get in its way.
Unfortunately, I graduated in the middle of the global
financial crisis which was a tough time for design in general and an even tougher time for a graduate.
Seven years after the
great financial crisis of 2008, the world economy remains at high risk of a new slump despite continued ultra low interest rates.
The Australian Government in partnership with community organisations provides support to vulnerable individuals and families
experiencing financial crises.
Additionally, these platforms haven't been tested during
major financial crises and their long - term returns are unknown.
Financial crisis lead to wealth destruction (in most or some society segments), which leads to slow consumption / investment in the following periods.
Since the subprime - led
financial crisis more than three years ago, a person's credit history has become more and more important.
What we are seeing is similar to the 2008 global
financial crisis where banks were unwilling to lend to each other, causing liquidity to dry up.
The permanent disability and accidental death riders ensure that your family doesn't go into
deep financial crisis once you are gone.
Major territorial disputes, climates change and the
ongoing financial crisis are all too big for single countries to deal with on their own.
In the initial months
post financial crisis it seemed barely a week passed without a law firm announcing job cuts.
If you are facing a
serious financial crisis, there are important decisions to be made and valuable information to know about the bankruptcy process.
As the global
financial crisis continues, there has already been some speculation in the press as to how it will impact upon family law work.
Phrases with «financial crisis»