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

Nonetheless he thinks it makes sense to use that volatility to keep buying stocks, writing that he is still “constructive on longer-term fundamentals, meaning pullbacks should be viewed opportunistically.”

Read more on Barron's

A pullback last week didn’t dent analysts’ confidence.

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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.

Read more on MarketWatch

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.

Read more on The Wall Street Journal

Related Words

• evacuation 
• pullout 
• withdrawal