Definition of "cratered" [cratered]

• Simple past tense and past participle of crater. (verb)
• Marked by craters (adjective)

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• "Let's see, the economy "cratered," in John McCain's words, under the absentee landlord practices of the Bush Administration."
• "Importantly, economic sectors sensitive to the business cycle actually "cratered" in December, "which flies in the face of the overwhelming view that this recession has fully run its course.""
• "Or when stocks "cratered" in 1991 ... or the dozens of other times stocks pulled back"