Black Tuesday

Black Tuesday definition - business

Black Tuesday

A widely used reference to October 29, 1929, the date of the greatest frenzy on the New York Stock Exchange during the Great Crash. Security prices plunged, volume surged to more than 16 million shares, and the ticker tape ran hours behind trading on the floor.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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