pullback

[pool-bak]

noun

1. the act of pulling back, especially a retreat or a strategic withdrawal of troops; pullout.

2. that which pulls something back or impedes its forward movement.

3. Machinery.,  a device for pulling a moving part to its original position.

Word History and Origins

Origin of pullback¹

First recorded in 1585–95; noun use of verb phrase pull back

Example Sentences

While the fundamentals of the bull market seem “solid,” the S&P 500 may be vulnerable as it hasn’t seen a major pullback since surging from its April low, according to Arone.

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But even the slight pullback can’t hide how well the stock market has performed since bottoming on Oct.

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Economists and other experts have long repeated the conventional wisdom that the stock market isn’t the economy, meaning that temporary pullbacks on Wall Street don’t always ripple as far as the average American’s pocketbook.

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“Those capable of looking past short-term market noise may find compelling opportunities to establish or add to positions during temporary pullbacks.”

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And they were pullbacks of a magnitude that may have caused bulls to fear the good times were over.

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Related Words

• evacuation 
• pullout 
• withdrawal