business cycle

noun

a recurrent fluctuation in the total business activity of a country.

Origin of business cycle

First recorded in 1920–25

Words nearby business cycle

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British Dictionary definitions for business cycle

business cycle

noun

mainly US and Canadian the recurrent fluctuation between boom and depression in the economic activity of a capitalist country Also called: trade cycle

Cultural definitions for business cycle

business cycle

A period during which business activity reaches a low point, recovers, expands, reaches a high point, decreases to a new low point, and so on.