boom and bust Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “boom and bust” in the English Dictionary

"boom and bust" in Business English

See all translations

boom and bustnoun [U]

uk   us  
ECONOMICS a ​situation in which an ​economy or ​businessregularly goes through ​periods of ​increasedactivity and ​successfollowed by ​periods of ​failure: The ​history of ​oil is one of ​boom and ​bust. In the ​goldindustry,boom and ​bustcycles last an ​average of 10 ​years. The country seems, for now at least, to have ​left behind boom-and-bust ​economics.
(Definition of boom and bust from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of boom and bust?
Add Cambridge dictionaries to your browser to your website
Word of the Day
coeducational

having male and female students being taught together in the same school or college rather than separately

Word of the Day

Introducing a new author and a new weekly blog post!
Introducing a new author and a new weekly blog post!
by Cambridge Dictionaries Online,
August 27, 2015
The English language is constantly changing. You know that. But did you know that at Cambridge Dictionaries Online we keep track of the changes? We continually add new words and new meanings to our online dictionary for learners of English. Some of them are new to English entirely (neologisms), and some

Read More 

hyperpalatable adjective
hyperpalatable adjective
August 24, 2015
describes food with heightened levels of sugar and salt, intended to be extremely appealing In Brazil, where the prevalence of overweight and obese adults has doubled since 1980, crisps, biscuits, energy bars and sugary drinks formulated to be ‘hyper-palatable’ are much more widely eaten than previously.

Read More