Bust
Definition of 'Bust'A period of time during which economic growth decreases rapidly. In the stock market, busts are usually associated with bear markets. |
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Investopedia explains 'Bust'During busts, inflation decreases and in extreme cases can cause deflation. In addition, unemployment rises, income falls, and demand decreases. Because of the cyclical nature of the economy, a bust usually follows a boom in what is called the "boom and bust" cycle. |
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