business cycle

Definition of Business Cycle in English :

1. business cycle, trade cycle

recurring fluctuations in economic activity consisting of recession and recovery and growth and decline

WordNet Lexical Database for English. Princeton University. 2010.

Business Cycle

noun

mainly US and Canadian

the recurrent fluctuation between boom and depression in the economic activity of a capitalist country

. Also called: trade cycle

the regular alternation of periods of expansion and contraction that occur in an industry or economy

n.

A cycle of economic activity typically characterized by recession, recovery, growth, and decline.