Definition of “stagnation” - English Dictionary


“stagnation” in Business English

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stagnationnoun [ U ]

uk /stæɡˈneɪʃən/ us ECONOMICS

a state in which growth or development stops:

The Chancellor's policy was to expand into new markets in order to avoid economic stagnation.
Berlin's real-estate market finally recovered from a long period of stagnation.
price/salary stagnation

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