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Business cycle

• A predictable long-term pattern of alternating periods of economic growth and decline. The cycle passes through four stages: expansion, peak, contraction, and trough.

• Repetitive cycles of economic expansion and recession.

 
 Embedded terms in definition
 Contraction
Peak
Recession
Trough
 
 Related Terms
 Active business income
Basic business strategies
Business and industry risk
Business failure
Business model eps projection
Business risk
Cash conversion cycle
Cash cycle
Expiration cycle
Market cycle
Operating cycle
Product cycle
Replacement cycle
Small business deduction

<< Business and industry risk Business failure >>

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People of mediocre ability sometimes achieve outstanding success because they don't know when to quit. Most men succeed because they are determined to. George Herbert Allen

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