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Definitions from the Web

Term: Price Crash

Description:

The term "price crash" refers to a sudden and significant decrease in the cost or value of a product, service, or asset. It is often associated with a rapid decline in market prices, causing a substantial decrease in the selling price or market value within a short period of time.

Possible Related Products:

• Books on Price Crash
• Electronics affected by Price Crash
• Stocks impacted by Price Crash

Sample Sentences:

1. Due to the price crash in the housing market, we were able to purchase our dream home at a fraction of its original cost.

2. Investors experienced significant losses as the stock market suffered a severe price crash, wiping out billions of dollars in market value.

3. The price crash of smartphones made them more affordable for the average consumer, leading to increased sales and market penetration.

4. Local farmers faced financial hardship as the price crash of agricultural commodities impacted their income and profitability.

5. The airline industry was hit hard by the price crash in fuel prices, resulting in reduced ticket prices and increased travel demand.