noun
credit contraction; credit crunch
Finance term for a reduction in the availability of loans or credit, often due to tighter lending standards or economic downturn. Antonym: 信用拡大 (credit expansion).
See also: 信用拡大
After the financial crisis, the credit crunch worsened the economy further.
中央銀行は信用収縮を防ぐために市場に資金を供給した。
The central bank supplied funds to the market to prevent credit contraction.