market correction
noun [C] (also stock market correction, correction) FINANCE, STOCK MARKETDefinition
› a reduction in prices in a financial market when they have been too high, bringing them back to a level closer to the actual values of companies and the real situation in the economy: Despite the market's vertical rise, analysts said they still don't see a major market correction in the near future.
(Definition of market correction noun from the Cambridge Business English Dictionary
© Cambridge University Press)
Browse the Thesaurus
Our dictionaries
Browse the Dictionary
Word of the Day
a cloud on the horizon
something which threatens to cause problems or unhappiness in the future
Blog
Read our blog about how the English language behaves.
New Words
Find words and meanings that have just started to be used in English, and let us know what you think of them.
