business cycle

a recurrent fluctuation in the total business activity of a country.

1920–25 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
business cycle
chiefly (US), (Canadian) Also called: trade cycle the recurrent fluctuation between boom and depression in the economic activity of a capitalist country

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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American Heritage
Cultural Dictionary

business cycle definition

A period during which business activity reaches a low point, recovers, expands, reaches a high point, decreases to a new low point, and so on.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Example sentences
The forward course of the business cycle is unmistakable.
Many tech investments made in the past few years will pay off no matter what's
  going on with the business cycle.
The notion that the business cycle had been repealed, say.
Economic policy makers thought they had tamed the business cycle.
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