business cycle

noun

1. a recurrent fluctuation in the total business activity of a country.

business cycle

noun

1. Also called: trade cycle. the recurrent fluctuation between boom and depression in the economic activity of a capitalist country

business cycle

1. A period during which business activity reaches a low point, recovers, expands, reaches a high point, decreases to a new low point, and so on.

Word History and Origins

Origin of business cycle¹

First recorded in 1920–25