Meaning of black-swan event | Babel Free

Definitions

Noun. [B2]

Examples

“Bear⟳ ETFs may be potentially useful tools and your advisor doesn’t need⟳ an options license⟳ to use⟳ them. But if you want⟳ to protect⟳ your portfolios against black-swan events, it’s wise to use⟳ an advisor with an options license⟳.”

“Tech companies across the region and around the globe had come⟳ to expect⟳ white-glove treatment from Silicon Valley Bank, not a black-swan event.”

“It’s difficult to compare⟳ the pandemic to previous so-called “black-swan events” that have⟳ detrimentally affected the arts sector, said [Kelsey] Jacobson, because few historical events have⟳ equalled the pandemic’s scale and time frame.”

CEFR level