Share this site with del.icio.us Share this site with digg Share this site with reddit Share this site with technorati Share this site with furl Share this site with stumbleupon Share this site with google Add this site to Yahoo Bookmarks Click here to add us to your favorites Subscribe to our Feed





panic

Definition

Sudden loss of public confidence in the integrity of financial system, leading to rapidly falling stock (share) prices, bank and business failures, and even a stockmarket crash. In the 19th and early 20th century, panics have occurred at near regular intervals but have been almost non-existent since the second half the 20th century.

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z