Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “boom”

See all translations

boom

noun [C or U]
 
 
/buːm/ ECONOMICS, FINANCE
a period of increased economic activity and growth: A decade of market-oriented reforms has touched off an economic boom. The country as a whole will suffer the economic cost of the abrupt end of a decade-long boom.fuel/create/cause a boom The country's radical tax system is helping fuel a boom that rivals Asia's tiger economies.experience/enjoy/undergo a boom The construction industry experienced a boom in the years following the war. boom in sth The boom in internet share prices has fuelled a huge growth in stock market values around the world.property/housing/building boom During the housing boom, lenders issued loans in record amounts.dotcom/internet/technology boom The dot.com boom generated $18 billion in stock options and capital gains taxes for the state. stock market/investment/price boom consumer/spending boom
→  See also baby boom →  Compare bust noun
(Definition of boom noun from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of boom?
Add Cambridge dictionaries to your browser to your website

Definitions of “boom” in other dictionaries

Word of the Day

sail

When a boat or a ship sails, it travels on the water.

Word of the Day

Byronic, Orwellian and Darwinian: adjectives from names.

by Liz Walter,
April 15, 2015
Becoming an adjective is a strange kind of memorial, but it is often a sign of a person having had real influence on the world. Science is full of examples, from Hippocrates, the Greek medic born around 460 BC, who gave his name to the Hippocratic Oath still used by doctors today,

Read More 

dumbwalking noun

April 20, 2015
walking slowly, without paying attention to the world around you because you are consulting a smartphone He told me dumbwalking probably wouldn’t be a long-term problem.

Read More