noun
financial collapse
Refers to a severe breakdown of the financial system, such as a banking crisis or market crash.
2008年の金融崩壊は世界経済に大きな影響を与えた。
The financial collapse of 2008 had a major impact on the global economy.
金融危機 (financial crisis) is broader and can refer to any severe financial disruption, while 金融崩壊 emphasizes a total breakdown or collapse.
Compound of 金融 (finance) and 崩壊 (collapse, breakdown).