crisiscri·sis /ˈkraɪsɪs/ noun (plural crises /-siːz/) [countableC, uncountableU]1a period of great difficulty, danger, or uncertainty, especially in politics or economicsOpposition leaders accused the president of ignoring the country’s growing economic crisis.
Many Americans still remember the long lines at gas stations during the energy crisis of 1972.
2crisis of confidence a time when people no longer have confidence in something and no longer support itThere seems to be a crisis of confidence in the economy.