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Expansion |
Also found in: Medical, Legal, Encyclopedia, Wikipedia, Hutchinson | 0.03 sec. |
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Expansion Expansion In a business cycle, a period of growth during which an economy moves from its trough to its peak. For example, if an economy dips to growth of -2.5% and then recovers to 3% growth, this period is called expansion. It is considered a normal and inevitable part of a business cycle following a recession or other contraction. Expansion is also called recovery. 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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Gasco) has set a tentative deadline of July 9 for the submission of commercial bids for the $250-300m EPC contract covering the first phase of the proposed Habshan gas expansion project, following approval from the Supreme Petroleum Council (SPC) to proceed with the bidding process. In 1990, Fluor Daniel announced another contract with this same client for a comprehensive oil and gas expansion program to be developed over the next five to nine years. Furthermore, they also demonstrated the existence of optimally loaded black-FKM and HNBR compounds which exhibited both the greatest resistance to gas expansion combined with the highest strain energy or fracture toughness. |
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