contagion

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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

• French: contagion
• German: Ansteckung
• Italian: contagio
• Portuguese: contágio
• Russian: инфе́кция
• Spanish: contagio

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