market decline JUST WRITTEN FOR YOU
/ˈmɑːrkɪt ˈdɪklɪn/ · mar·ket ˈdī·kline
noun
- A decrease in the value or activity of a market, often resulting in a loss of investor confidence or a decrease in economic growth. The market decline was attributed to a combination of factors, including a global economic downturn and a decline in consumer spending.
- A downward trend in the prices of goods or services in a particular market, often leading to a decrease in revenue for businesses. The market decline in the tech sector led to a significant decrease in the value of many startups.
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Did you know? The term 'market decline' is often used in conjunction with other economic indicators, such as the GDP or the unemployment rate, to understand the overall health of an economy.