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A cycle of economic activity typically characterized by recession, recovery, growth, and decline.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
(Economics) chiefly US and Canadian the recurrent fluctuation between boom and depression in the economic activity of a capitalist country. Also called: trade cycle
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
a recurrent fluctuation in the total business activity of a country.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
The tendencies of some economies to fluctuate regularly between boom and depression.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
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|Noun||1.||business cycle - recurring fluctuations in economic activity consisting of recession and recovery and growth and decline|
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