- pattern
- A technical chart formation used to make market predictions by following the price movements of securities. Bloomberg Financial Dictionary
* * *
▪ I. pattern pat‧tern 1 [ˈpætn ǁ ˈpætərn] noun [countable]1. the regular way in which something happens, changes, or is done:• The standards are expected to set a pattern for cleaner, more expensive fuels.
pattern of• a survey on the spending patterns of various nationalities
2. pattern agreement/settlement/contract etc HUMAN RESOURCES an agreement etc between a company and a union based on other agreements with similar companies:• He disputed that the contract was a pattern settlement because it doesn't match contracts at foreign steel plants.
• Some executives are grumbling that pattern bargaining is making competition with Japanese auto makers very difficult.
3. be in a holding pattern ECONOMICS to be in a period of time when very little trading, spending etc is taking place because people are not sure what to do next:• Investors are in a holding pattern waiting for clear signals about the economy's direction.
[m0] ▪ II. pattern pattern 2 verb [transitive]be patterned on/after if one thing is patterned on another, it is very similar to it because it has been copied from it:• Credit Mobilier of America, a finance company patterned after a French venture
• a model of economic development patterned on Japan's
* * *
Ⅰ.pattern UK US /ˈpætən/ noun► [C] a particular way in which something usually happens or is done: a pattern of sth »A pattern of sluggish consumer demand made growth targets impossibly high.
a pattern emerges »A pattern is emerging of a steady reduction in costs and increased sales.
establish/fall into/follow a pattern »The decision follows a pattern that has become increasingly common in the food industry.
identify/reveal/show a pattern »An examination of official documents shows a pattern of construction cost overruns.
a changing/different/similar pattern »changing patterns of employment
a consumption/growth/spending pattern »High joblessness and changing consumption patterns will result in moderate sales.
»Organizations must address the needs of workers with diverse career patterns and goals.
► [C] a way of doing something that other people, organizations, etc. can copy: set the pattern for sth »The talks have set the pattern for trying to solve problems within the industry.
Ⅱ.pattern UK US /ˈpætən/ adjective [before noun] HR► used to describe an agreement based on similar agreements with other companies: a pattern agreement/contract »The contract was viewed by bargainers as a pattern agreement to be used in negotiations with the car company.
»The traditional pattern bargaining that went on in the auto industry has gone.
Ⅲ.pattern UK US /ˈpætən/ verb [T]
Financial and business terms. 2012.