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Finance and Economic Crises

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Complete the definitions with the proper word.

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Fill in the Blanks

Finance and Economic CrisesOnline version

Complete the definitions with the proper word.

by oscar alvarez
1

bankruptcy someone boom recession stock bail economic drop crash out lend mortgage recession credit depression loan savings depression go investment market crunch Losses recover bankrupt

A in business is when something suddenly fails or becomes unsuccessful .

An is a sustained period of significant economic decline that sees a nation's gross domestic product drop , unemployment rates rise and consumer confidence suffer .

A is a period of economic decline but is generally much shorter and less severe than an economic depression .

An is something you buy , such as shares , bonds , or profit , to make a long - term profit .

All the money that you have saved , especially in a bank or financial institution is called .

describe the situation when a company has less money than it did before , for example because sales have gone down .

The business of buying and selling stocks and shares is called the .

When you are not able to pay your debts , this is called .

A is an amount of money that you borrow from a bank , financial institution , etc .

A happens when borrowing money becomes difficult because banks reduce the amount they lend and charge high interest rates .
A legal arrangement by which you borrow money from a bank in order to buy a house , and pay back the money over a period of years is called a .

A is a difficult time when there is less trade or business activity in a country than usual .

A long period during which there is very little business activity is the worst type of financial crisis and is known as an economic .

To means to fall to a much lower level or amount , or decline .

To is to become insolvent , or without enough money to pay what you owe .

To is to let someone borrow money or something that belongs to you for a short time .

To is to return to a normal condition after a period of trouble or difficulty .

To means to grow rapidly , or be very successful as a business or trade .

To means to help a person or a company that is in financial difficulty .

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