downturn

[doun-turn]

noun

1. an act or instance of turning down or the state of being turned down.

   the downturn of a lower lip in a permanent pout.

2. a turn or trend downward; decrease or decline.

   The new year brought a downturn in the cost of living.

downturn

/ ˈdaʊnˌtɜːn /

noun

1. a drop or reduction in the success of a business or economy

Word History and Origins

Origin of downturn¹

First recorded in 1925–30; noun use of verb phrase turn down

Example Sentences

Mike Muhammad, employed at a Latin-themed supermarket, put a similar estimate on the downturn.

Read more on Barron's

But most see little risk of a sustained downturn as ultimately, both sides likely still want to make a deal.

Read more on The Wall Street Journal

I think we’re in a market bubble based on AI exuberance and don’t want to sell from my IRA assets in a downturn.

Read more on MarketWatch

Ideally, your Social Security and pension means you can limit withdrawals during a market correction or prolonged downturn.

Read more on MarketWatch

The upswing this summer is likely due to the stronger performance of financial markets, but it highlights that New York is vulnerable to a market downturn, Malco said.

Read more on MarketWatch

Related Words

• decline 
• deterioration 
• dip 
• plunge 
• slide 
• slump