Trough

What does it Mean? The stage of the economy's business cycle that marks the end of a period of declining business activity and the transition to expansion.

Investopedia Says... In general, the business cycle is said to go through expansion, then the peak, followed by contraction, and then it finally bottoms out with the trough.

Terms Related Links

Bottom
Business Cycle
Contraction
Expansion
Peak
Recession
Slump

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