from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. A period of economic crisis in which credit and investment capital are difficult to obtain.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. a state in which there is a short supply of cash to lend to businesses and consumers and interest rates are high
Sorry, no etymologies found.
In his formulation the Bank of North America was the cause of the credit crunch besetting the rebel government, not a response to it.