credit crunch

British  

noun

1. informal a period during which there is a sudden reduction in the availability of credit from banks and other lenders

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Example Sentences

Despite warnings from banks and investor exits, Walsh views issues in the $3 trillion private credit market as limited, not a widespread credit crunch.

From Barron's

Problems in private credit aren’t so widespread as to cause a massive credit crunch and downturn in the economy and markets.

From Barron's

However, the hit the economy took from job losses and the credit crunch triggered massive bond buying and a historic selloff in stocks.

From Barron's

“While defaults remain low, they are rising and getting media attention. As a result, withdrawals are also increasing among retail investors, raising the risk of a credit crunch.”

From Barron's

He warns that a credit crunch or pullback in sentiment such as seen the early 2000s would see a lot of that spending by those companies drop fairly fast.

From MarketWatch