credit crisis
Definition
An economic condition whereby lending availability is tightened due to restrictive intra-bank lending from central banks. The crisis often appears when financial institutions become highly leveraged. This will lead to higher credit requirements for borrowers.
Related Articles
- Annuities as an Investment For Retirement *
- Fundamentals of Forex Trading *
- Can VAT Help America? *
- Introduction to Credit and How to Take Control of It *
- An Overview of Mortgages *
- Credit Default Swaps *
- College Loans Overview *
- Work Study as a Component of Educational Planning *
Related Videos
http://www.businessdictionary.com/definition/credit-crisis.html
