countercyclical Hear it!

countercyclical definition

counter·cy·cli·cal (ko̵unt′ər sik′li kəl)

adjective

designating or of fiscal policy that attempts to minimize extreme fluctuations in the business cycle, as by increasing spending and reducing taxes during periods of decline

Webster's New World College Dictionary Copyright © 2005 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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