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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Black Friday  

Definition 1.

A precipitous drop in a financial market . The original Black Friday occurred on September 24, 1869, when prospectors attempted to corner the gold market.
 

Definition 2.

September 24, 1869, the day the markets crashed following a failed attempt by some financiers to corner the gold market. Led to a depression.
 
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