Peak


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Related to Peak: Peak oil

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.
References in periodicals archive ?
And James Schlesinger, the country's first secretary of energy, declared in the Winter 2005-06 issue of the neoconservative foreign policy journal The National Interest that "a growing consensus accepts that the peak is not that far off.
What's more, Hirsch says, we won't have much warning when oil peak is finally reached.
Rather, the theory of peak oil derives from a simpler but less widely understood question: How fast can the stuff be pumped out of the ground?
The address of the prefecture government was used as the representative site of prefecture surveillance data, and unweighted moving average for each prefectural peak week was applied after adjusting the time scale.
1] peak, which is probably related to the methylene wag deformation, and the 825 [cm.
Narrow peaks and accuracy in the peak positions are essential for high quality powder diffraction measurements.
While a paint supervisor at Cal Tech, Peak began making fiberglass rods - his Zenith model - out of his Pasadena home in 1939.
Just the kind of peak led to the discovery of the buckyball, one of a class of cage-like carbon molecules called fullerenes that has riveted the chemistry, physics and materials science communities for almost two years (SN: 8/24/91, p.
On Tuesday, February 13 at 12:45 PM, Chris Schultz, senior SAP systems architect at PEAK, will speak in the Vendor Theatre in the exhibit hall.
The images on the left were made with the specimen at peak temperature and the images on the right were taken well after the peak, when much of the heat had conducted and radiated away.
SAN FRANCISCO -- East Peak Advisors, LLC, an international strategic investment banking and advisory firm specializing in the wireless, Internet, security, storage & networking, and visual computing sectors in the U.
For evaluating different options, the expression n for the statistical (type A) relative uncertainty of one standard deviation, where n is the number of counts accumulated in the measurement of an x-ray peak intensity, can be used to evaluate either the counting time required to obtain a given uncertainty or the uncertainty obtainable for a given counting time, assuming the count-rate is known.