Black Monday
/ˌblæk ˈmʌndeɪ/, /ˌblæk ˈmʌndi/
/ˌblæk ˈmʌndeɪ/, /ˌblæk ˈmʌndi/
- Monday 19 October 1987, when prices on stock exchanges all over the world suddenly began to fall. Over the next four days the Financial Times Index in London fell by 25%, and the Dow Jones Index in New York fell by 33%. compare Black Tuesday see also the Financial Times Indices
Definitions on the go
Look up any word in the dictionary offline, anytime, anywhere with the Oxford Advanced Learner’s Dictionary app.
Check pronunciation:
Black Monday