market correction Meaning in the Cambridge English Dictionary
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Meaning of “market correction” in the English Dictionary

"market correction" in Business English

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market correctionnoun [C]

uk   us   (also stock market correction, correction) FINANCE, STOCK MARKET
a ​reduction in ​prices in a ​financialmarket when they have been too high, ​bringing them back to a ​level closer to the ​actualvalues of ​companies and the ​realsituation in the ​economy: Despite the market's ​verticalrise, ​analysts said they still don't see a ​majormarket correction in the near future.
(Definition of market correction from the Cambridge Business English Dictionary © Cambridge University Press)
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