Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun An economic or budgetary crisis, especially one attributed to poor fiscal management by a government.

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

Blend of fiscal and calamity.

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Examples

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  • "Dire financial or economic distress created by fiscal mismanagement."

    December 2, 2007