Translation guide
A credit crunch is a sudden reduction in the availability of loans or credit, often during a financial crisis. In Japanese, this is expressed with specific economic terms, but the concept can also be described more generally.
The standard economic term for a sudden tightening of credit conditions.
The most direct and formal economic term for a credit crunch, literally 'credit contraction'. Used in news and financial analysis.
The credit crunch caused a recession.
The direct loanword from English, commonly used in Japanese media and business contexts.
A global credit crunch is feared.
Refers to monetary tightening, which can lead to a credit crunch. Broader than just credit, but often used in similar contexts.
Due to the credit crunch, it became difficult for companies to raise funds.
Explaining the concept in everyday language, not necessarily using economic jargon.
Means 'loans are being tightened' or 'lenders are reluctant to lend'. A natural way to describe a credit crunch in business conversation.
Because of the bad economy, banks are tightening lending.
A noun meaning 'credit crunch' or 'reluctance to lend', often used in news headlines.
A very plain way to say 'it's hard to borrow money'. Suitable for casual conversation.
信用収縮 is a macroeconomic concept, while 貸し渋り refers to the behavior of individual banks being reluctant to lend. In many contexts, 貸し渋り is the more tangible manifestation of a credit crunch.
When a credit crunch occurs, banks start tightening lending.
中小企業への貸し渋りが深刻化している。
The credit crunch for small and medium-sized enterprises is worsening.
Right now it's a credit crunch situation.