Wall Street Crash, the

the 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. 华尔街股灾〔1929年10月美国纽约证券交易所的股价暴跌，直接导致20世纪30年代的经济大萧条〕

From Longman Business Dictionary

Wall Street CrashˌWall Street ˈCrash nounFINANCE

1the 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 DEPRESSION

2October 19,1987, when shares in the US fell in value by very large amounts, with similar declines in stockmarkets elsewhereSYN Black Monday

词汇	Wall Street Crash, the
释义	Wall Street Crash, the the 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. 华尔街股灾〔1929年10月美国纽约证券交易所的股价暴跌，直接导致20世纪30年代的经济大萧条〕 From Longman Business Dictionary Wall Street CrashˌWall Street ˈCrash nounFINANCE 1the 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 DEPRESSION 2October 19,1987, when shares in the US fell in value by very large amounts, with similar declines in stockmarkets elsewhereSYN Black Monday
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