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Kondratieff wave
[ kuhn-drah-tee-ef, -tyuhf ]
/ kənˈdrɑ tiˌɛf, -tyəf /
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noun Economics.
a long business cycle of economic expansion and contraction, postulated to last about 60 years.
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Origin of Kondratieff wave
Named after NikolaÄ Dmitrievich Kondratʾev (1892–1935?), Russian economist, who postulated it
Words nearby Kondratieff wave
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023