credit crunch
noun /ˈkredɪt krʌntʃ/
/ˈkredɪt krʌntʃ/
[usually singular] (economics- an economic condition in which it suddenly becomes difficult and expensive to borrow money
信贷紧缩 - In a credit crunch, lenders stop lending and credit becomes tough to obtain.
在信贷危机中,贷方停止放贷,信贷变得难以获得。 - Consumer confidence is plunging as the credit crunch hits household budgets.
随着信贷危机冲击家庭预算,消费者信心正在暴跌。 - Many companies will not survive the unfolding credit crunch.
许多公司将无法在持续的信贷危机中生存。
- In a credit crunch, lenders stop lending and credit becomes tough to obtain.