rally

/ˈræli/ noun [C] (plural rallies)

Definition

› STOCK MARKET a sudden increase in share prices after a period when they have been falling or there has been low activity: a rally in sth The shares of gold mining companies were boosted by a rally in bullion prices.spark/cause/trigger a rally News of the retail industry's first-quarter profits triggered a rally in share prices.stage/enjoy a rally Major oil producers staged a rally despite weaker prices for crude oil.a powerful/sharp/strong rally After a powerful rally last year, stocks have languished for the first quarter of this year. a market/price/stock rally a brief/late/early rally

› POLITICS a large public meeting where a lot of people show their support for something: attend/hold a rally The anti-war rally was attended by around 5,000 people. speak at/address a rally a campaign/political/protest rally an election rally

(Definition of rally noun from the Cambridge Business English Dictionary © Cambridge University Press)