boom noun Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "boom" - Business English Dictionary

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
child benefit

money received regularly by families from the government to help pay for the costs of taking care of children

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

responsible luxury noun
responsible luxury noun
August 03, 2015
high-end, green tourism and hospitality Jumeirah’s ‘responsible luxury’ approach is an example of a sustainable travel experience – future guests will enjoy the environment as much as today’s.

Read More