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devastating

causing a lot of damage and destroying thing synonym disastrous; It will be a devastating blow to the local community if the factory closes.

severe

extremely bad or serious, e.g. severe weather/storms

to boom

to have a period of rapid growth; to become bigger, more successful, etc.

steadily

gradually and in an even and regular way, e.g. The company's exports have been increasing steadily.

to come to an end – to stop or end

skończyć się – zatrzymać się lub zakończyć się

a share

any of the units of equal value into which a company is divided that are sold to raise money

free fall (also free

fall)

to go bankrupt

zbankrutować

life savings

oszczędności życia

to lay off staff

to stop employing somebody because there is not enough work for them to do SYNONYM make somebody redundant

construction

the work of building or making something, especially roads, buildings, bridges, etc.

decline

continuous decrease in the number, value, quality, etc. of something; expression: to go into decline

unaffected

not changed or influenced by something; not affected by something; e.g. People's rights are unaffected by the new law.

rapid

happening quickly or in a short period of time, e.g. a rapid fall

market losses

straty rynkowe

to lead to something

to have something as a result SYNONYM result in

percentage

the number, amount or rate of something, expressed as if it is part of a total that is 100; a part or share of a whole

to recover

to return to a normal state after an unpleasant or unusual experience or a period of difficulty, e.g. The economy is at last beginning to recover.

in contrast

The stock lost 60 cents a share, in contrast to last year, when it gained 21 cents.

to occur

to happen

• to affect

to produce a change in somebody/something: How will these changes affect us?

• credit rating

a judgement made by a bank, etc. about how likely somebody is to pay back money that they borrow, and how safe it is to lend money to them

• mortgage

a legal agreement by which a bank or similar organization lends you money to buy a house, etc., and you pay the money back over a particular number of years; the sum of money that you borrow; to apply for/take out/pay off a mortgage

• ordinary

not unusual or different in any way e.g.: ordinary people

• credit crunch

an economic condition in which it suddenly becomes difficult and expensive to borrow money; In a credit crunch, lenders stop lending and credit becomes tough to obtain.

• to freeze the economy

• zamrozić gospodarkę

• investment, investor, to invest

• inwestycja, inwestor, inwestować

• bankruptcy

• upadłość

• to bail out an institution

to help a person or organization that is in difficulty, usually by giving or lending them money

• a downturn

a fall in the amount of business that is done; a time when the economy becomes weaker; the recent economic downturns

• to prevent

to stop something from happening; The government took steps to prevent a scandal.

• a share price

the price of a particular company’s shares at a particular time