Korean slang profile
금융빅뱅
geumyungbikbaeng
Major financial restructuring
A metaphor for a major reorganization of the financial order through the closure and merger of financial institutions.
- Expanded form
- Not documented
- Other spellings
- —
- Earliest source found
- Jun 30, 1998
- Documented trend period
- Not verified
This is the earliest source we have verified, not the date the term was coined.
01Examples, with English translations
- Example by Julimmal
외환위기 당시 은행권의 재편을 설명하는 기사에 금융빅뱅이라는 말이 나왔다.
An article explaining bank restructuring during the foreign-exchange crisis used 금융빅뱅.
02Documented history
No history documented.
03Origin & word formation
서울신문 in 1998 describes the simultaneous closure of five banks as the beginning of a financial-sector big bang. The first user and time have not been verified.
Evidence for the origin explanationMedium
The independent spelling, definition, and usage context in the contemporary article were checked. This records the meaning introduced then; first use and the extent of spread remain unverified.
04Sources
Original titles and links are preserved. An English translation does not replace the original source.
- 금융빅뱅으로 경쟁력 높여야(사설)Published Jun 30, 1998Original source checked Nov 15, 2026