downturn

downturn definition - business

downturn

A decline in security prices or economic activity following a period of rising or stable prices or activity. Even strong bull markets are subject to occasional downturns.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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