financial crisis

== English == === Pronunciation === === Noun === financial crisis (plural financial crises) An episode of sharp instability in the global or a local financial system in which financial assets lose a significant proportion of their value, often caused by the bursting of an economic bubble. ==== Translations ==== ==== See also ==== bank run bubble economic crisis recession === References === Guttmann, Robert (2015), “Financial crisis”, in Louis-Philippe Rochon, Sergio Rossi, editors, The Encyclopedia of Central Banking, Edward Elgar Publishing, →ISBN, pages 185–87