meltdown meltdown  /ˈmɛlt ˌdaʊn/

Definition(s):

  1. (n) severe overheating of the core of a nuclear reactor resulting in the core melting and radiation escaping
  2. (n) a disaster comparable to a nuclear meltdown

Usage(s):

  1. As banks across the world teeter amid the market meltdown, Americans and Europeans watch their governments intervene to stave off catastrophe.
  2. How the meltdown is an opportunity to get ourselves back on track.
  3. Iceland's economy is now a textbook case of macroeconomic meltdown.

News

  1. ATF nominee runs into GOP opposition in Senate confirmation hearing

    WASHINGTON – B. Todd Jones, the acting director of the ATF who took over the agency in its meltdown with the Fast and Furious scandal, ran into immediate opposition Tuesday as he appeared before the Senate Judiciary Committee for consideration as permanent director.        
    on June 11, 2013     Source: Los Angeles Times

  2. Artist uses toilet humor to protest Cyprus bailout

    NICOSIA (Reuters) - A Cypriot artist found a novel way to protest over Cyprus's financial meltdown on Monday, lining up 20 sculptures resembling a cross between toilets and tombstones outside the island's Central Bank. Arranged in two rows on a pavement outside the building, the white "toilets" made of concrete and plaster caused traffic to slow down along a busy Nicosia avenue, with many ...
    on June 10, 2013     Source: Reuters via Yahoo! News

  3. Defensive meltdown dooms Colonels

    A defensive meltdown sent Henderson County’s season to a crashing halt in the state semifinals.
    on June 8, 2013     Source: The Gleaner

Quotes

  1. "Unless you have a complete meltdown, you're going to get confirmed," said Senator Lindsey Graham, a Republican from South Carolina. "And I don't think you will (melt down)."
    on Jul 14, 2009 By: Lindsey Graham Source: Nick.com

  2. Senate Banking committee chairman Chris Dodd said: "I've been here 28 years. To listen to the language of last evening, we maybe were days away from a complete meltdown of our financial system."
    on Sep 19, 2008 By: Chris Dodd Source: AFP

  3. "We owe it to taxpayers to take every possible action to stop unwarranted bonus payments to those who caused the AIG meltdown in the first place," Mr. Cuomo said, accusing the company of breeching an agreement with the state to suspend bonus...
    on Mar 17, 2009 By: Andrew Cuomo Source: Globe and Mail

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