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
Modern Language Association (MLA):
Business Cycle. Payroll & Accounting Heaven Ltd. September 27, 2021
Chicago Manual of Style (CMS):
Business Cycle. Payroll & Accounting Heaven Ltd. (accessed: September 27, 2021).
American Psychological Association (APA):
Business Cycle. Retrieved September 27, 2021, from website:

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.