Phrase guide
Definitions and examples are grouped by meaning. Pronunciation, history, word forms, translations, descendants, synonyms, antonyms, derived terms, and related words appear whenever the source provides them.
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noun
A sudden, major collapse of asset values which marks the end of the growth phase of a cycle in credit markets or business activity.
Definition source: English Wiktionary via Wiktextract
No example sentence was provided for this meaning.
Synonyms: none provided
Antonyms: none provided
History
Coined by Paul McCulley in 1998, named after economist Hyman Minsky (1919–1996).
