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Dampening the cyclical fluctuations due to the business cycle in an economy.
Definition source: English Wiktionary via Wiktextract
Qualifier: public policy
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
Moving in the direction opposite to that of the overall state of an economy.
Definition source: English Wiktionary via Wiktextract
Topics: economics, sciences
Examples
- The unemployment rate is countercyclical in the sense that it rises when economic growth is low and vice versa.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
Etymology tree Proto-Indo-European *ḱe? Proto-Indo-European *ḱóm Proto-Italic *kom Proto-Italic *kom- Proto-Indo-European *-teros Proto-Italic *-teros Proto-Italic *komterosder. Proto-Italic *komterād Latin contrāder. Old French contre- Anglo-Norman countre-bor. Middle English counter- English counter- Proto-Indo-European *kwel- Proto-Indo-European *kwékwlos Ancient Greek κύκλος (kúklos) Proto-Indo-European *-kos Proto-Hellenic *-kos Ancient Greek -κός (-kós) Ancient Greek -ικός (-ikós) Ancient Greek κυκλῐκός (kuklĭkós)bor. Classical Latin cyclicuslbor. Middle French cyclique French cycliquebor. ▲ Classical Latin cyclicusbor. English cyclic English -al English cyclical English countercyclical From counter- + cyclical.
Across languages
Translations
1 source translations are retained for this English entry.
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Finnish:
vastasyklinen
— dampening cyclical fluctuation