reverse of trade

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