Peak

(redirected from peaking)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.

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 ?
Just as we created the Strategic Petroleum Reserve in the 1970s to prevent another major oil shock, Congress should create a Strategic Demand Response Reserve to solve the peaking problem and prevent another major power disruption.
For these reasons, the Coalition urges Congress to solve the peaking problem by adopting an Energy Bill that has provisions promoting the use of consumer demand response.