contagion /kənˈteɪd͡ʒən/ noun6 •The spread or transmission of such a disease. •(figurative) The spread of anything likened to a contagious disease. •(figurative) The passing on of manners or behaviour through a closed community or household. •(figurative) The spread of (initially small) shocks, which initially affect only a few financial institutions or a particular region of an economy, to other financial sectors and other countries whose economies were previously healthy.And it was German procrastination that aggravated the Greek crisis and caused the contagion that turned it into an existential crisis for Europe. — 2011 •A disease spread by contact. •A recession or crisis developed in such manner. formscontagions