boom noun - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “boom”

See all translations

boom

noun [C or U]
 
 
/buːm/ ECONOMICS, FINANCE
a period of increased economic activity and growth: A decade of market-oriented reforms has touched off an economic boom. The country as a whole will suffer the economic cost of the abrupt end of a decade-long boom.fuel/create/cause a boom The country's radical tax system is helping fuel a boom that rivals Asia's tiger economies.experience/enjoy/undergo a boom The construction industry experienced a boom in the years following the war. boom in sth The boom in internet share prices has fuelled a huge growth in stock market values around the world.property/housing/building boom During the housing boom, lenders issued loans in record amounts.dotcom/internet/technology boom The dot.com boom generated $18 billion in stock options and capital gains taxes for the state. stock market/investment/price boom consumer/spending boom
→  See also baby boom →  Compare bust noun
(Definition of boom noun from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of boom?
Add Cambridge dictionaries to your browser to your website

Definitions of “boom” in other dictionaries

Word of the Day

intellectualize

to think about or discuss a subject in a detailed and intellectual way, without involving your emotions or feelings

Word of the Day

What’s All The Commotion About? (Words to describe sounds)

by Kate Woodford,
May 20, 2015
​​​ In this post we look at a range of words and phrases that we use to describe noise and the absence of noise. Starting with complete quiet, we sometimes use the noun hush to describe silence: A hush fell over the room as the bride walked in./There was a deathly hush (=complete

Read More 

plyscraper noun

May 18, 2015
a skyscraper made mainly from wood The development of engineered timber could herald a new era of eco-friendly ‘plyscrapers’. Christchurch welcomed its first multistorey timber structure this year, there are plans for Vancouver, and the talk is China could follow

Read More