English version

Wall Street Crash, the

From Longman Dictionary of Contemporary EnglishWall Street Crash, thethe Wall Street CrashˌWall Street ˈCrash, the  the sudden large fall in the value of company shares on the US Stock Exchange in October 1929. For about two years before this, the price of shares had risen very fast, and when people realized that companies were therefore worth more than their true value, they lost confidence. The severe fall that followed led directly to the Great Depression of the 1930s.From Longman Business DictionaryWall Street CrashˌWall Street ˈCrash nounFINANCE1the period in October 1929 when shares and other investments in the US fell in value by very large amounts, and that was followed by the DEPRESSION2October 19,1987, when shares in the US fell in value by very large amounts, with similar declines in stockmarkets elsewhere SYN Black Monday
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