(redirected from correctional)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.
Related to correctional: Correctional officer


Reverse movement, usually downward, in the price of an individual stock, bond, commodity, or index. If prices have been rising on the market as a whole, and then fall dramatically, this is known as a correction within an upward trend. Antithesis of a technical rally. See: Dip, break.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Market Correction

A drop in the price of a security when that security has been overbought and therefore overpriced. Market corrections are usually short-term and are necessary for the stability of the security.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


A sharp, relatively short price decline that temporarily interrupts a persistent upward trend in the market or in the price of a stock.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.


A correction is a drop -- usually a sudden and substantial one of 10% or more -- in the price of an individual stock, bond, commodity, index, or the market as a whole.

Market analysts anticipate market corrections when security prices are high in relation to company earnings and other indicators of economic health.

When a market correction is greater than 10% and the prices do not begin to recover relatively promptly, some analysts point to the correction as the beginning of a bear market.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
* Indiana Correctional Association, Fall Conference, Oct.
Correctional supervisors and administrators are complying with departmental policy and state law, as well as running an efficient and safe facility.
[PDF]Enhancing the Competency of the Correctional Nursing ...
A great deal of emphasis in the literature has focused on the effect that role conflict has on correctional officer stress and job satisfaction (Tewksbury and Higgins.
The high prevalence of HIV infection in overcrowded and understaffed correctional facilities further accentuates these concerns and poses a public health challenge.
This book should be of interest to criminologists, correctional social workers, and students of gender issues alike.
Nearly ten years later, several correctional settings began to explore the use of telemedicine through pilot projects.
Oregon Women's Correctional Institution, Salem - 47 inmates employed at a call center.
The suit alleged a pattern of discrimination against women in the jail, the Correctional Treatment Facility, and the Lorton Minimum Security Annex, a D.C.
This will be accomplished through an identification of the scope of the problem, the role of prison facilities in the rehabilitation process, including academic and vocational training, and collaboration between rehabilitation and the correctional system, with a focus on transition.
In general, the public views correctional facilities as a necessary evil.

Full browser ?