wall street crash

English - English

Definition of wall street crash in English English dictionary

the sudden large fall in the value of company shares on the US Stock Exchange in October 1929. For about two years before this, the price of shares had risen very fast, and when people realized that companies were therefore worth more than their true value, they lost confidence. The severe fall that followed led directly to the Great Depression of the 1930s

Turkish pronunciation

wôl strit kräş

Pronunciation

/ˈwôl ˈstrēt ˈkrasʜ/ /ˈwɔːl ˈstriːt ˈkræʃ/