Business Cycle

Business, Legal & Accounting Glossary

Definition: Business Cycle


Quick Summary of Business Cycle


More or less regular fluctuations in aggregate economic activity, between peaks and troughs, typically over a five to ten year period.



What is the dictionary definition of Business Cycle?

Dictionary Definition


Period (usually 12 months) during which the peaks and troughs of activity of a business form a pattern which is repeated on a regular basis.


Full Definition of Business Cycle


In economics; the business cycle, also known as the trade cycle or economic cycle, is the downward and upward movement of gross domestic product around its long-term growth trend. The length of a business cycle is the period of time containing a single boom and contraction in sequence.


Synonyms For Business Cycle


trade cycle, economic cycle

Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/business-cycle/
Modern Language Association (MLA):
Business Cycle. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 05, 2020 https://payrollheaven.com/define/business-cycle/.
Chicago Manual of Style (CMS):
Business Cycle. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/business-cycle/ (accessed: July 05, 2020).
American Psychological Association (APA):
Business Cycle. PayrollHeaven.com. Retrieved July 05, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/business-cycle/

Definition Sources


Definitions for Business Cycle are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 2 Views.