🇨🇳Chinese Source WordCode: ZH

信贷紧缩

Pronunciation / Transliteration: xìndài jǐnsuō

🇬🇧 Direct English Meaning:
Credit crunch/ˈkrɛd.ɪt krʌntʃ/
nounCEFR C1 (Advanced)Top #4500 frequency
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🇨🇳 Example Sentence in Chinese:

"信贷紧缩给中小企业带来了巨大的资金压力。"

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A sudden reduction in the general availability of loans or a strict tightening of the conditions required to obtain a loan from banks.

    "Many small businesses struggled to survive the severe credit crunch triggered by the banking crisis."
  2. 2

    A sharp increase in the cost of obtaining credit due to a scarcity of loanable funds in the financial markets.

    "Homebuyers faced soaring interest rates as the credit crunch took full effect across the mortgage sector."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

Derived from the Italian word 'strozzimismo' (from 'strozzare', to strangle), reflecting the metaphorical squeezing or strangling of credit availability during financial crises. The English equivalent 'credit crunch' emerged in the late 20th century in economic journalism to describe sudden shortages of funds for lending.

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