Business cycle


 

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Business cycle

The pattern followed by macroeconommic variables, such as GDP and unemployment that rise and fall irregularly over time, relative to trend. There is some tendency for cyclical movements of large countries to cause similar movements in other countries with whom they trade.

Business cycle

Repetitive cycles of economic expansion and recession. The official peaks and troughs of the US cycle are determined by the National Bureau of Economic Research in Cambridge, MA.



Business cycle

Similar Matches

Business Cycle Dating Committee

Business Cycle Dating Committee

See National Bureau of Economic Research.


Restrictive business practice

Restrictive business practice

Action by a firm or group of firms to restrict entry by other firms, that is, to prevent other firms from selling their product or in their market. This is a restraint of competition and would normally be illegal under competition policy.


Business plan

Business plan

A formal written plan which describes a business's market, product or services, sales channels, organization, staffing, strategies, projected income and plans for future growth.


Business segment reporting

Business segment reporting

Reporting the results of the separate divisions or subsidiaries of a business.


Business property relief

Business property relief

A deduction of either 50% or 100% which is made from the value of business property when it is assessed for inheritance tax purposes.


Further Suggestions

Business model
Business failure
Basic business strategies
Business risk
Business day
Business Expansion Scheme
Business combination
Pure Play Business
investment business
Small business policy


 
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