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GFC

/ˌdʒiˌɛfˈsi/ /ˌdʒiːˌɛfˈsiː/
noun
GeneralEconomics
  1. 1 GFC
  2. 2 Küresel Finansal Kriz

Definition (English)

  1. The major worldwide economic crisis that began in 2007-2008, affecting banks and markets globally.
  2. A period of severe financial instability and recession experienced by many countries.

Example Sentences

  1. The GFC led to widespread job losses and economic hardship.
    GFC, yaygın iş kayıplarına ve ekonomik zorluklara yol açtı.
  2. Many regulations were introduced after the GFC.
    GFC'den sonra birçok düzenleme getirildi.

Collocations

gfc crisisgfc impactgfc periodgfc effectsgfc aftermathgfc recovery

Related Words

economybanksmarketsrecessioncredit crunchhousing bubble