Meaning of reverse of trade | Babel Free

Definitions

A downturn or disruption of economic conditions rendering much trade unprofitable.

Examples

“In the commencement of the winter, by a sudden reverse of trade, more than 20,000 weavers in the liberty were thrown out of employment.”

“How frequently is it not the case, that private Banks in districts where capital is redundant, invest in mortgages and dead loans, and trade upon circulation? which on any reverse of trade or convulsion in credit, they are unable to redeem”

“whenever there comes a reverse of trade in those parishes (though very possibly there is not a single person connected with the railway residing in the parish, or who can get a settlement in the parish)”

CEFR level