contagion
- noun
- /kənˈteɪdʒən/
- Specialized
- In other words, contagion was as much in the mind of lenders and investors as in the markets themselves.
- financial contagion
- contagion effect
- potential contagion
So consider that the small and medium bank contagion fears are real.
- So consider that the small and medium bank contagion fears are real.
- But fortunately there hasn't been much contagion to the real economy.
- Do this before Monday open or there will be contagion and the crisis will spread.
- The bigger fears, though, are that there could be contagion and fallout out of this Evergrand crisis.
Examples
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If there is no deal, we could see renewed contagion," he said.
Blog text (4) -
Do this before Monday open or there will be contagion and the crisis will spread.
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The third theory was one of contagion, and it's fascinating.
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This idea about a Treasury contagion fund is what is being talked about.
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So consider that the small and medium bank contagion fears are real.
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Thanks to the deep integration of global banking, securities, and funding markets, the contagion quickly spread to major financial institutions around the world.
Academic text (2018) -
But fortunately there hasn't been much contagion to the real economy.
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Higher leverage magnified banks' losses during the crisis, putting the largest banks at risk and increasing financial contagion.
Academic text (2016) -
Again, Buenos Aires quickly pulled together the kinds of measures that were necessary to fend off financial contagion and preserve dollar-peso parity.
Academic text (2001) -
The Asian financial crisis caused significant contagion in markets across the globe.
Synonyms
The spreading of news or money so more people get it
A chain of events in which one event causes the next to happen
Spreading ideas or customs to many places
Antonyms
How Wide
- Specialized
- Specialized
- UK
- Specialized
Surface Forms
Morphology
contagion = contagious (semi-transparent) = contag + ion
The financial/economic sense extends the basic notion of spreading from one entity to others; the metaphor is consistent but the domain-specific meaning may be unfamiliar to learners.
Etymology
Contagion comes from the Latin parts con- 'together' and tangere 'to touch', like contact; in finance this helps: a problem can 'touch' one bank and then spread to others, so a spreading market crisis is called a 'contagion'.