catastrophe

noun
ca*tas*tro*phe \ kə-ˈta-strə-(ˌ)fē \
1540{ds||4||}
  • a momentous tragic event ranging from extreme misfortune to utter overthrow or ruin
  • utter failure : fiasco
  • a violent and sudden change in a feature of the earth

catastrophe theory

noun
catastrophe theory \
1971
  • mathematical theory and conjecture that uses topology to explain events (such as an earthquake or a stock market crash) characterized by major abrupt changes
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