Peak

(redirected from peaked)
Also found in: Dictionary, Thesaurus, Medical, Idioms, Encyclopedia.

Peak

The high point at the end of an economic expansion until the start of a contraction.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

peak

see BUSINESS CYCLE.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
As Simmons and others admit (or perhaps warn ominously), we won't know for sure that oil production has peaked until a year or two after it happens.
Under the baseline simulation, the only constraint is a total monthly water release requirement, not unlike that imposed on many hydroelectric facilities by the Bureau of Reclamation, which assumes that the dispatcher is required to release 1,512 acre-feet of water during the month.(20) Under this simulation, water releases during the off-peak period were virtually zero but peaked at a rate of 4,750 CFS during the on-peak period.
An initial electrical increase in the brain's temporal lobe peaked about one-fifth of a second after the first presentation of a syllable.