noun
die Finanzkrise, -n
financial crisis
Schwere Zeit, in der Banken, Firmen und viele Menschen Geld verlieren oder kaum noch Geld bekommen können.
The German word "Finanzkrise" is a compound noun made of:
- Finanz = finance, related to money management or financial matters
- Krise = crisis, a time of intense difficulty or danger
Meaning:
"Finanzkrise" means financial crisis – a situation where the financial system or economy experiences severe disturbances.
Similar words:
- Wirtschaftskrise (economic crisis)
- Bankenkrise (banking crisis)
- Schuldenkrise (debt crisis)
Difference:
- Finanzkrise specifically focuses on finance or monetary markets as the source of crisis.
- Wirtschaftskrise is broader, covering the entire economy including employment, production, etc.
- Bankenkrise centers on problems within banks.
- Schuldenkrise emphasizes issues stemming from excessive debt.
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Examples
Die Finanzkrise beeinflusst die Weltwirtschaft stark.noun
The financial crisis strongly affects the global economy.
Viele Banken gingen während der Finanzkrise pleite.noun
Many banks went bankrupt during the financial crisis.
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