contagion
Pronunciation
  • IPA: /kənˈteɪdʒən/
Noun

contagion

  1. a disease spread by contact
  2. the spread or transmission of such a disease
    Synonyms: infection
  3. (figuratively, by extension) the spread of anything harmful, as if it were such a disease
  4. (finance) a situation in which small shocks, which initially affect only a few financial institutions or a particular region of an economy, spread to the rest of financial sectors and other countries whose economies were previously healthy
    • 2011, George Soros, Project Syndicate, Germany Must Defend the Euro ↗:
      And it was German procrastination that aggravated the Greek crisis and caused the contagion that turned it into an existential crisis for Europe.
  5. (finance) a resulting recession or crisis developed in such manner
Translations
  • German: ansteckende Krankheit
Translations


This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.004
Offline English dictionary