South Sea Bubble


noun
  1. British history the financial crash that occurred in 1720 after the South Sea Company had taken over the national debt in return for a monopoly of trade with the South Seas, causing feverish speculation in their stocks

Origin of South Sea Bubble

1
so named because the rapid expansion and sudden collapse of investment resembled the blowing up and bursting of a bubble

Words Nearby South Sea Bubble

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

How to use South Sea Bubble in a sentence

  • Three years before he had been wrecked in the South Sea Bubble, and this is supposed to have caused his death.

  • England had its "South Sea Bubble," with the same madness of speculation, vanishing fortunes, and blasted reputations.

  • Of the many speculative schemes of the early eighteenth century, none is better known than the "South Sea Bubble."

    A Voyage to Cacklogallinia | Captain Samuel Brunt
  • The history of the South Sea Bubble has been told, before, but it is too prominent a case to be entirely passed over.

  • The old companies, which we may justly consider the directors of a South Sea Bubble in miniature, sunk the price from 84l.