"Financial implosion" refers to a sudden and catastrophic collapse or failure of an individual, company, or economy's financial situation. It is when their financial health dramatically worsens or completely breaks down, leading to severe economic distress, bankruptcy, or a significant loss of value in investments and assets.
Full definition
Synonyms for individual words can be found below.
«financial»
«implosion»
Sentences with «financial implosion»
- [11:04 a.m. Updated In an address, Secretary General Ban Ki - moon said, «We are bankrupting our natural economy» and encouraged leaders to invest in a rescue package akin to the one used to stem the recent global financial implosion.] (dotearth.blogs.nytimes.com)
- Rumors of impending financial implosion decimated demand overnight. (automobilemag.com)
- More than a half - dozen European countries are on the verge of financial implosion. (money.stackexchange.com)
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