The phrase
"financial downturn" means a period of time when the economy is not doing well and many people are facing financial difficulties, such as loss of jobs, decrease in income, and a decline in business activities.
Full definition
Synonyms for individual words can be found below.
«financial»
«downturn»
Phrases with «financial downturn»
Sentences with «financial downturn»
- And don't forget, sometimes there's opportunity in times of financial downturn. (moneysmart.gov.au)
- And let's not forget the current reluctance of banks to make loans following the recent financial downturn. (nreionline.com)
- Many people experienced a severe financial downturn due to poorly performing investments or even a loss of employment. (termlifeadvice.com)
- (see all
sentences)