business cycle
busi
ˈbɪz
biz
ness
nəs
nēs
cy
saɪ
sai
cle
kəl
kēl

Definition & Meaning of "business cycle"in English

Business cycle
01

the rhythmic pattern of economic growth and decline, consisting of phases such as expansion, peak, contraction, and trough 

Grammatical Information
Animacy status
Abstract
Composition
Compound
Countable
Plural form
business cycles
Examples
During an economic expansion phase of the business cycle, consumer spending tends to rise, leading to increased production and job opportunities. 
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