# Minsky moment

> English word · Noun

## Definitions
1. A sudden, major collapse of asset values which marks the end of the growth phase of a cycle in credit markets or business activity.

## Etymology
Coined by Paul McCulley in 1998, named after economist Hyman Minsky (1919–1996).

## Source
Compiled from Wiktionary via kaikki.org (CC BY-SA). Data vintage: 2026-05-06.
Canonical page: https://plainspell.com/en/word/minsky-moment