Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “equilibrium”

equilibrium

noun [S or U]
 
 
/ˌiːkwɪˈlɪbriəm/ ECONOMICS
a situation in which an economy is balanced and not experiencing large changes, for example when the number of goods that people want to buy is similar to the number of goods being offered: equilibrium between sth and sth Raising the prices we charge the consumer would enable us to raise wages until we reach an equilibrium between supply and demand.equilibrium in sth Saudi Arabia has promised to make every effort to ensure equilibrium in the oil industry and to stabilize prices. → See also general equilibrium, market equilibrium, partial equilibrium
(Definition of equilibrium from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of equilibrium?
Add Cambridge dictionaries to your browser to your website

Definitions of “equilibrium” in other dictionaries

Word of the Day

dawn on sb

If a fact dawns on you, you understand it after a period of not understanding it.

Word of the Day

The language of work

by Kate Woodford,
October 15, 2014
Most of us talk about our jobs. We tell our family and friends interesting or funny things that have happened in the workplace (=room where we do our job), we describe – and sometimes complain about – our bosses and colleagues and when we meet someone for the first time, we tell

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More