pullback Meaning in the Cambridge English Dictionary
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Meaning of “pullback” in the English Dictionary

"pullback" in Business English

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pullbacknoun [C]

uk   us   /ˈpʊlbæk/
ECONOMICS, FINANCE a ​reduction in the ​amount of ​money that a ​company or ​personspends: a pullback in spending/lending/hiring a ​massive pullback in ​consumerspending The pullback will affect not only our own ​company but also those with whom we do ​business.
STOCK MARKET a ​situation in which ​pricesfall 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)
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