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English definition of “peak”

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peak

noun [C]
 
 
/piːk/
a period during which something reaches its highest level, price, rate, etc.: At its peak, the company was valued at £1.5 billion. Several internet service providers tested in the evening peak failed to deliver the new target for high-speed internet.be above/below the peak of sth The shares have started to recover but are still far below their 12-month peak.hit/reach/rise to a peak Investors were looking beyond the UK market because they feared it might have reached a peak. all-time/record/highest peak Markets are subject to strong peaks and troughs due to economic cycles. →  Compare trough noun
(Definition of peak noun from the Cambridge Business English Dictionary © Cambridge University Press)
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