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downturn |
Also found in: Dictionary/thesaurus, Financial | 0.02 sec. |
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downturn a drop or reduction in the success of a business or economy How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| As a result, companies need to pay special attention in order to manage risks that arise from the uncertainty during downturns in the credit cycle. Not only was the year 2001 one of the largest cyclical downturns in the electronic distributor industry, but also a beginning to an economic recession,'' the letter reads. They understand that this need will not go away and that economic downturns, and the resultant lower volumes, represent a unique opportunity to expand with minimal disruption to operations. |
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