Peak

The high point at the end of an economic expansion until the start of a contraction.

Peak

1. The point of a security's or market's highest price for a given period of time. The term comes from charting, in which the x-axis represents time and the y-axis represents price. On a chart, the high point of a business cycle looks like the peak of a mountain. See also: Bottom.

2. In a period of economic expansion, the point of the highest GDP growth that immediately precedes the beginning of a contraction. In other words, it is the highest point in a business cycle. The term comes from charting, in which the x-axis represents time and the y-axis represents GDP growth. In this situation, the high point of a business cycle looks like the peak of a mountain. See also: Trough.

peak

see BUSINESS CYCLE.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

Mentioned in

References in periodicals archive

Due to the reasons discussed above, the program called Non-parametric Peak Finder (NPFinder) was developed using a numerical, iterative approach to detect statistically significant peaks in event-counting distributions.

A nonparametric peak finder algorithm and its application in searches for new physics

Maps had listed the jagged peak in the Cuillins at 3002ft but, after recording hundreds of measurements at the summit, the trio said it fell just short.

MUNRO DEBAGGED; Climbers strip Knight's Peak of its 3000ft status because it is 6.5in short..but we have a coning plan

The Peak Body Transformation difference is the sense of support that every customer gains.

Peak Body Transformation Announces Summer Enrollment Specials

Peak Prices Off-Peak Prices Mid-Columbia $17.58/MWh -34% $9.56/MWh -41% CAISO NP15 $27.08/MWh -24% $19.78/MWh 10% Palo Verde $25.66/MWh -26% $18.75/MWh -3% ERCOT Houston Zone $33.16/MWh -30% $18.56/MWh -4% MISO Illinois Hub $38.17/MWh -25% $21.25/MWh -12% PJM West $36.81/MWh -32% $26.21/MWh -16% Into Southern $27.17/MWh -35% $27.09/MWh -6% Mass Hub $41.77/MWh -39% $25.55/MWh -41% NYISO Zone J $47.77/MWh -39% $26.55/MWh -42% Peak prices (top) dropped significantly in many major wholesale price hubs, due in part to the warmest winter on record and a 10-year low in natural gas prices.

Electricity prices dip in 2012

Payment for the acquisition to Zari shareholders is through a combination of cash and shares consisting of US$6 million cash and the issuing of 24.266475 million Peak shares.

Peak Resources Limited (ASX:PEK) to Acquire 100% Interest in Ngualla Rare Earth Project

"Prime Minister has also extended E visa from one year to five years and there also talks to reduce the price of Visa during the peak season from 25 dollars to ten dollars," Patel added.

India opens up 137 mountain peaks for mountaineering, trekking

Lenin Peak (since 2006 in Tajikistan the peak has been named after Abuali ibn Sino) 7134 m high is located on the border of two countries - Kyrgyzstan and Tajikistan.

5 peaks of Tajikistan that climbers from all over the world dream to conquer

As a result of the acquisition, Peak Media Properties becomes a significant publisher in the upscale crafting and fine arts categories, serving the marketplace in print and digital formats.

Peak Media Properties Acquires F+W Media's Fine Arts/Crafts Assets

She has become the youngest person in the world who climbed 7,027-metre-high Spantik peak, known as the Golden Peak.

10-year-old Pakistani girl sets world record by scaling Spantik peak

The 44-year-old Sadpara climbed 8,516m Mount Lhotse last week, which is the fourth highest peak of the world.

Ali Sadpara becomes first Pakistani to conquer world's seven 8000m peaks

He said it was Sadpara's solo summit, however, Nepalese Sherpas helped him fixing the ropes, adding the mountaineer was descending to the base camp from camp 4 of the peak.

Sadpara scales Lhotse peak in Nepal