Meaning of “pullback” in the English Dictionary

business-english dictionary

"pullback" in Business English

See all translations

pullbacknoun [ C ]

uk /ˈpʊlbæk/ us

ECONOMICS, FINANCE a reduction in the amount of money that a company or person spends:

a pullback in spending/lending/hiring a massive pullback in consumer spending
The pullback will affect not only our own company but also those with whom we do business.

STOCK MARKET a situation in which prices fall suddenly from a high level:

The market is overextended and ready for a major pullback.

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