blowout
noun [ C ]
informal uk/ˈbləʊaʊt/ us STOCK MARKET
a short period of time during which shares are sold for a high price:
blowout in sth While there was a blowout in hi-tech shares in the US overnight, internet shares in the UK performed in a more subdued fashion.
ECONOMICS
a very difficult economic period during which companies lose money and people lose jobs:
The dot.com blowout hit jobs in the finance sector hardest.
FINANCE
a sudden large increase in the price of something:
blowout in sth The blowout in the price of gas and electricity is having an effect on domestic bills.