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level
(redirected from found its level)

   Also found in: Dictionary/thesaurus, Medical, Financial, Idioms, Wikipedia, Hutchinson 0.07 sec.
level: see spirit level spirit level, tool for determining whether a surface is horizontal. It consists essentially of a slightly bent transparent tube that is held in a frame. The tube contains some alcohol, ether, or similar fluid but is not entirely filled, so that it also contains a
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level

Device for establishing a horizontal plane. It consists of a small, sealed glass tube containing liquid and an air bubble; the tube is fixed horizontally in a block or frame with a smooth lower surface. When the bubble is in the middle of the glass tube, the device is on a level surface; adjustment to the horizontal is indicated by movement of the bubble. The glass tube is slightly bowed, and the level's sensitivity is proportional to the radius of curvature.


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The market has found its level,'' said Jim Link, the association's executive vice president.
He said last week, "Well, the short rap is that Ventura was wildly and grossly overvalued, and I guess it has found its level.
``I think the market has found its level,'' said Jim Link, executive vice president at the Van Nuys-based association.
 
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