- bottom
- Refers to the base support level for market prices of any type. Also used in the context of securities to refer to the lowest market price of a security during a specific time-frame. Bloomberg Financial Dictionary
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▪ I. bottom bot‧tom 1 [ˈbɒtəm ǁ ˈbɑː-] noun [countable usually singular]1. the lowest point, position, or level:• Hopefully, we are finally seeing the bottom of this recession.
• Short-term interest rates are now probably near their bottom.
2. hit/reach (rock) bottom to get to the lowest possible point, position, or level in price or performance:• He believes gold prices have hit bottom or are close to it.
• Thailand's economic slowdown may have reached bottom and signs are some sectors are recovering.
3. the bottom drops/falls out of the market used to say that prices reach extremely low levels, with many businesses and people in financial difficulty:• The recession came and the bottom dropped out of the market for luxury houses.
• The bottom fell out of the wool market and many farmers went bust.
[m0] ▪ II. bottom bottom 2 verbbottom out phrasal verb [intransitive]to stop getting worse and begin to improve again:• We think the business jet market has bottomed out and we see steady growth in the years ahead.
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Ⅰ.bottom UK US /ˈbɒtəm/ noun► [S or U] the lowest or worst level of something: hit/reach bottom »The Nasdaq fell 29.5% but investors recouped all of their losses 7 weeks after stocks hit bottom.
at the bottom »There was a job for him in the company, as long as he was prepared to start at the bottom.
at the bottom of sth »The time to buy is at the bottom of a recession.
► [S] the lowest part of something: at the bottom (of sth) »Click on ""save page"" at the bottom of the page.
Ⅱ.bottom UK US /ˈbɒtəm/ adjective [before noun]► lowest in a range of levels: the bottom end/level »The flotation could produce a £132m profit at the top end of the range and £59m at the bottom end.
»That still leaves us in the bottom half of spending levels in the EU.
► lowest in position: the bottom corner/edge/part »The navigation buttons are in the bottom part of the window.
Financial and business terms. 2012.