downturn

downturn
The transition point between a rising, expanding economy to a falling, contracting one. Bloomberg Financial Dictionary

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downturn down‧turn [ˈdaʊntɜːn ǁ -tɜːrn] noun [countable, uncountable]
ECONOMICS COMMERCE the part of the economic cycle when prices or the value of stocks, shares etc fall:

• The publishing sector has proved largely immune to economic downturn.

downturn in

• We have seen a sharp downturn in orders.

• Our value-oriented portfolio should serve us well in the event of a market downturn.

— compare recession, upturn

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downturn UK US /ˈdaʊntɜːn/ noun [C, usually singular] (also downswing)
ECONOMICS a reduction in the amount or success of something, such as a country's economic activity: economic/market downturn »

Thousands of workers have lost their jobs in the economic downturn.

»

There is evidence of a downturn in the housing market.

see/experience/suffer a downturn »

The company saw a downturn in sales over the last six months.

»

a serious/severe/sharp downturn

»

a global/world/general downturn

Compare UPTURN(Cf. ↑upturn)
See Note RECESSION(Cf. ↑recession)

Financial and business terms. 2012.

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Look at other dictionaries:

  • downturn — index decline, decrease Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • downturn — 1926 in the economic sense, from DOWN (Cf. down) (adv.) + TURN (Cf. turn) (n.) …   Etymology dictionary

  • downturn — [n] drop decline, descent, deterioration, dip, downtick, fall, plunge, retreat, sinking, slide, slump; concepts 336,346,738 …   New thesaurus

  • downturn — ► NOUN ▪ a decline in economic or other activity …   English terms dictionary

  • downturn — [doun′tʉrn΄] n. a downward trend, as in business activity …   English World dictionary

  • downturn — noun ADJECTIVE ▪ serious, severe, sharp, significant ▪ mild, slight ▪ economic, market ▪ …   Collocations dictionary

  • downturn — UK [ˈdaʊnˌtɜː(r)n] / US [ˈdaʊnˌtɜrn] noun [countable] Word forms downturn : singular downturn plural downturns economics a reduction in economic or business activity a severe economic downturn downturn in: There has been a sharp downturn in… …   English dictionary

  • downturn — down|turn [ˈdauntə:n US tə:rn] n [C usually singular] a period or process in which business activity, production etc is reduced and conditions become worse ≠ ↑upturn ▪ America s current economic downturn downturn in ▪ a downturn in the auto… …   Dictionary of contemporary English

  • downturn — down|turn [ daun,tɜrn ] noun count a reduction in economic or business activity: a severe economic downturn downturn in: a sharp downturn in demand …   Usage of the words and phrases in modern English

  • downturn — [[t]da͟ʊntɜː(r)n[/t]] downturns N COUNT: oft N in n If there is a downturn in the economy or in a company or industry, it becomes worse or less successful than it had been. They predicted a severe economic downturn. ...unchanged profits for 1990… …   English dictionary

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