Occurs when credit availability is so restricted that normal economic or financial activity is adversely impacted. It is a more extreme case of credit rationing which has tightened.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). credit crunch. Retrieved September 28, 2026, from http://smartdefine.org/credit_crunch/definitions/1151076 |
| Chicago | Barry Goldsmith. 2010. "credit crunch" http://smartdefine.org/credit_crunch/definitions/1151076 (accessed September 28, 2026). |
| Harvard | Barry Goldsmith 2010, credit crunch, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/credit_crunch/definitions/1151076>. |
| MLA | Barry Goldsmith. "credit crunch" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/credit_crunch/definitions/1151076> |