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- Dictionarydownturn/ˈdaʊntəːn/
noun
- 1. a decline in economic, business, or other activity: "a downturn in the housing market"
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DOWNTURN definition: 1. a reduction in the amount or success of something, such as a country's economic activity: 2. a…. Learn more.
noun. 1. an act or instance of turning down or the state of being turned down. the downturn of a lower lip in a permanent pout. 2. a turn or trend downward; decrease or decline. The new year brought a downturn in the cost of living. Most material © 2005, 1997, 1991 by Penguin Random House LLC.
Jun 28, 2024 · The meaning of DOWNTURN is a downward turn especially toward a decline in business and economic activity.
A dip or reduction in an economic measure is a downturn. If a company makes less money than it did last year, for example, that's a downturn.
Downturn definition: an act or instance of turning down or the state of being turned down. See examples of DOWNTURN used in a sentence.
DOWNTURN definition: a period when a business or economy becomes less successful: . Learn more.
DOWNTURN meaning: a situation in which something (such as business or economic activity) decreases or becomes worse usually singular.
noun. /ˈdaʊntɜːn/ /ˈdaʊntɜːrn/ [countable, uncountable] downturn (in something) a fall in the amount of business that is done; a time when the economy becomes weaker. the recent economic downturns. a downturn in sales/trade/business. the economic downturn of 2008/2009. a period of economic downturn. opposite upturn. Extra Examples.
There are three meanings listed in OED's entry for the noun downturn. See ‘Meaning & use’ for definitions, usage, and quotation evidence.
“A situation in which something (such as business or economic activity) decreases or becomes worse.” An economic downturn occurs when shares prices decline, GDP growth slows down or becomes negative, unemployment rises, and consumers spend less.
