crisis

UK /ˈkɹaɪsɪs/ US /ˈkɹaɪsɪs/

noun 5

Definitions

noun

A crucial or decisive point or situation; a turning point.

An unstable situation, in political, social, economic or military affairs, especially one involving an impending abrupt change.

The financial crisis could have been avoided and was the result of poor decision making both in Washington and at top financial firms that fostered a culture of excessive risk taking, according to a draft report written by Democrats on a panel that investigated the meltdown and obtained by Reuters.

The big question, I believe, is whether the Italian and maybe Spanish crises are the kind of thing that might be brought under control by ECB bond purchases. This is often phrased in terms of whether they are facing liquidity or solvency problems; but I think it’s better phrased in terms of the possibility of self-fulfilling crises, a la Obstfeld. […] So there is a reasonable case that what we’re seeing in Italy is a self-fulfilling crisis trying to happen, in which fear of default is precisely what leads to default.

A sudden change in the course of a disease, usually at which point the patient is expected to either recover or die.

A traumatic or stressful change in a person's life.

I'm having a major crisis trying to wallpaper the living room.

A point in a drama at which a conflict reaches a peak before being resolved.

Collocations

(noun.)

ADJ

acute, grave, major, serious, severe, terrible, worst

The company faced a serious crisis when its main factory suddenly closed down.

growing, mounting

impending, looming

international, national

constitutional, economic, financial, fiscal, political

cash, debt, energy, hostage, housing, oil, refugee

Many families lost their homes during the housing crisis of 2008.

family, personal

identity

mid-life

VERB + CRISIS

be faced with, be hit by, face, go through, have

The company faced a serious crisis when their main factory caught fire last month.

suffer

After losing his job, he suffered a financial crisis that forced him to sell his house.

cause, create, lead to, precipitate, provoke, spark off

deal with, defuse, ease, handle, overcome, resolve, respond to, solve, tackle

The government worked hard to resolve the economic crisis before it affected ordinary families.

survive, weather

avert, prevent

aggravate

CRISIS + VERB

arise

When the company failed to pay its bills, a financial crisis arose suddenly.

deepen, worsen

be over

When the financial crisis was over, the company finally hired new staff again.

PREP

during a/the ~

Many families struggled to stay together during the financial crisis of 2008.

in (a/the) ~

When the hospital lost power during the storm, the staff remained calm in the crisis.

~ in

There has been a serious crisis in healthcare since the pandemic started.

~ over

The government faced a serious crisis over healthcare spending last year.

CRISIS + NOUN

point

The negotiations between the two countries have finally reached crisis point.

management

The company hired a new team to handle the crisis management after the data breach.

PHRASES

a crisis of confidence

After the scandal, the government faced a deep crisis of confidence among voters.

at/in moments/times of crisis

When the company faced a financial crisis, the CEO made difficult decisions quickly.

Thesaurus

Synonyms

Antonyms

Idioms & Phrases

never waste a crisis

Exploit any possible opportunity that arises from difficult situations.

Example Bank

Wiktionary

The big question, I believe, is whether the Italian and maybe Spanish crises are the kind of thing that might be brought under control by ECB bond purchases. This is often phrased in terms of whether

Wiktionary

Are they right? Is pessimism correct? Could the state of the world, like the stripes on a barbershop pole, keep sinking lower and lower? It’s easy to see why people feel that way: every day the news i

Wiktionary

You must know you're faced with a crisis.

Tatoeba · #16223

There will be an energy crisis in the near future.

Tatoeba · #18754

In a crisis, you must get in touch with your teacher.

Tatoeba · #20698

Usage Notes

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