countercyclical[ko̵unt′ər sik′li kəl]
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
Acting counter to an economic cycle: a countercyclical federal aid program.
(comparative more countercyclical, superlative most countercyclical)
- (economics) Moving in the opposite direction as the overall state of an economy
- "The unemployment rate is countercyclical, it's lower when economic health is high, and higher when the economic health is lower."
- (public policy) Dampening the cyclical fluctuations of an economy.