[ik-span-shuh
n] Pronunciation Key | 1. | the act or process of expanding. |
| 2. | the state or quality of being expanded. |
| 3. | the amount or degree of expanding. |
| 4. | an expanded, dilated, or enlarged portion or form of a thing: The present article is an expansion of one he wrote last year. |
| 5. | anything spread out; expanse. |
| 6. | Mathematics.
|
| 7. | Machinery. that part of the operation of an engine in which the volume of the working medium increases and its pressure decreases. |
| 8. | an increase in economic and industrial activity (opposed to contraction). |
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2006.
| ex·pan·sion
(ĭk-spān'shən) Pronunciation Key
n.
|
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2006 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
| expansion | |
noun | |
| 1. | the act of increasing (something) in size or volume or quantity or scope [ant: contraction] |
| 2. | a function expressed as a sum or product of terms; "the expansion of (a+b)^2 is a^2 + 2ab + b^2" |
| 3. | a discussion that provides additional information |
| 4. | adding information or detail |
expansion
(ĭk-spān'shən) Pronunciation Key
|
Copyright © 2002 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
expansion ex·pan·sion (ĭk-spān'shən)
n.
- An increase in size.
- The spreading out of a structure, such as a tendon.
Copyright © 2002, 2001, 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
Main Entry: ex·pan·sion
Pronunciation: ik-'span-ch&n
Function: noun
1 : the act or process of expanding
2 : the quality or state of being expanded
Expansion
The phase of the business cycle when the economy moves from a trough to a peak. It is a period when business activity surges and gross domestic product expands until it reaches a peak. Also known as an "economic recovery".
Investopedia Commentary
An expansion is one of two basic business cycle phases. The other is contraction. The transition from expansion to contraction is termed a "peak" and the changeover from contraction to expansion is a trough. Expansions last on average about three to four years but have been known to last anywhere from 12 months to more than 10 years. Much of the '60s was a time of expansion which lasted almost nine years.
Related Links
Economics Basics Tutorial
Recession: What Does It Mean To Investors?
Sector Rotation: The Essentials
See also: Business Cycle, Contraction, National Bureau of Economic Research, Peak, Recession, Trough
Expansion
Cut"-off`\ (k[u^]t"[o^]f`; 115), n. 1. That which cuts off or shortens, as a nearer passage or road. 2. (Mach.) (a) The valve gearing or mechanism by which steam is cut off from entering the cylinder of a steam engine after a definite point in a stroke, so as to allow the remainder of the stroke to be made by the expansive force of the steam already let in. See Expansion gear, under Expansion. (b) Any device for stopping or changing a current, as of grain or water in a spout.expansion
expansion: in CancerWEB's On-line Medical Dictionary
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