Correction definition

The act or process of correcting.

The treatment of offenders through a system of penal incarceration, rehabilitation, parole, and probation, or the administrative system by which these are effectuated.

A change that corrects a mistake; change from wrong to right, or from abnormal to normal; emendation; rectification.

Punishment intended to rehabilitate or improve.

A correcting or being corrected.

A temporary decline in stock-market activity or prices following a period of increases.

The amount of change made in correcting.

Something offered or substituted for a mistake or fault.

An amount or quantity added or subtracted in order to correct.

The definition of a correction is a change that fixes a mistake, or a punishment to correct a fault.

The act or process of correcting.

An amount or quantity added or subtracted in order to correct.

The treatment of offenders through a system of penal incarceration, rehabilitation, parole, and probation, or the administrative system by which these are effectuated.

Something offered or substituted for a mistake or fault.

A temporary decline in stock-market activity or prices following a period of increases.

Punishment intended to rehabilitate or improve.

(finance) A sudden, usually short-term decline, as in the stock market, following a rapid or dramatic rise in prices.

Punishment or scolding to correct faults.

Punishment and rehabilitation within a prison system.

The movement of a stock or market to lower levels (often 10 percent or more) after the market or stock has been at unrealistically high levels. Gains from the too-high period are erased. Although a market may correct, it doesn’t necessarily mean that the long-term upward trend is broken. While the term is usually applied to falling markets, it is possible to have an upward correction that breaks a downward trend. In technical analysis, a correction is a short-term movement, either up or down, that is contrary to the dominant price trend. However, correction often is used in a more generic sense to refer to a market that has fallen, regardless of the principles of technical analysis.