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English definition of “snapback”

snapback

noun [S] ( also snap-back)
 
 
/ˈsnæpbæk/ informal
STOCK MARKET a quick return to a previous condition or situation: Current economic conditions preclude a strong snapback. We had a nice snap-back from yesterday's late sell-off and managed to hold gains. We may be seeing some delay in the snapback in housing because people believe that the rates may go lower.
(Definition of snapback from the Cambridge Business English Dictionary © Cambridge University Press)
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