Meaning of “prevailing” in the English Dictionary

american-english dictionary

"prevailing" in British English

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(Definition of “prevailing” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"prevailing" in American English

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prevailingadjective [ not gradable ]

us /prɪˈveɪ·lɪŋ/

existing and accepted:

The prevailing view is that economic growth is likely to slow down.

(Definition of “prevailing” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"prevailing" in Business English

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prevailingadjective [ before noun ]

uk /prɪˈveɪlɪŋ/ us

existing in a particular place or at a particular time:

The bank said it will buy the shares at the prevailing market price.
prevailing economic/market conditions The chief executive said the poor figures resulted from the prevailing economic conditions.

(Definition of “prevailing” from the Cambridge Business English Dictionary © Cambridge University Press)