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Kondratieff wave

American  
[kuhn-drah-tee-ef, -tyuhf] / kənˈdrɑ tiˌɛf, -tyəf /

noun

Economics.

  1. a long business cycle of economic expansion and contraction, postulated to last about 60 years.

Etymology

Origin of Kondratieff wave

Named after Nikolaĭ Dmitrievich Kondratʾev (1892–1935?), Russian economist, who postulated it

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.