Finanzkrise

financial crisis

noun fee-NANTS-kree-zeh Rare

Usage Note

Finanzkrise refers to a major disruption in financial markets — most commonly the 2008 global Finanzkrise. It has become a learner's landmark term, appearing in economic history, politics, and everyday conversation about economic risk and reform.

Examples

"Die Finanzkrise von 2008 hat das Vertrauen in Banken nachhaltig erschüttert."

Natural Translation

The financial crisis of 2008 has permanently shaken confidence in banks.

Literal Translation

The financial-crisis of 2008 has the trust in banks lastingly shaken.

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