from The American Heritage® Dictionary of the English Language, 4th Edition
- n. A sequence of economic activity typically characterized by recession, fiscal recovery, growth, and fiscal decline.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. A long-term fluctuation in economic activity between growth and recession
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. recurring fluctuations in economic activity consisting of recession and recovery and growth and decline
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