Contraction

A period of general economic Decline. Contractions are often part of a Business cycle, coming after an expansionary phase and before a Recession.

Related Terms: 9 Action, Business cycle, Contraction, Cycle, Contract, Decline, Economic, Expansion, Recession

Other Related Pages: Category: Economy Starting With: C

Additional Related Terms: Allowance for depreciation, Average collection period, Above par, Accrual of discount, After-tax basis, Amortization of premium, At par, All or any part, Add-on service, Abstract of title