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English definition of “correction”

correction

noun (CHANGE)    /kəˈrek.ʃən/
B1 [C or U] a change made to something in order to correct or improve it, or the action of making such a change : She was disappointed to see her essay returned with a mass of corrections in red ink .Correcting and mendingEditing and compiling [C or U] specialized (also market correction) finance & economics a change in prices in a financial market , especially when they go down after a period of being too high in relation to the real situation in a company , the economy , etc.: It looks like last week's correction is over and prices are going to go higher .Investment and stock markets
(Definition of correction noun (CHANGE) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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