Peak

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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 ?
"This decision has opened 137 mountain peaks to foreigners desirous of obtaining mountaineering visa for climbing, trekking on these peaks," the official note said.
Ismoil Somoni peak (7495 m) is the highest peak in the territory of the former USSR.
She has become the youngest person in the world who climbed 7,027-metre-high Spantik peak, known as the Golden Peak.
The other over five 8,000 metres high peaks ascended by Sadpara include K2 (8,611m), Gasherbrum I (8,080m), Gasherbrum II (8,034m), Nanga Parbat (8,126m) and Broad Peak (8,051m).
GILGIT -- Renowned Pakistani mountaineer Mohammad Ali Sadpara scaled the 8,516-metre Lhotse peak in Nepal, the fourth highest mountain in the world, an organiser of the expedition, Seven Summit Treks, on Friday confirmed to Dawn that Sadpara climbed the peak in Nepal.
Trees of Taiwan Red Pine and other needle-leaved forests flank most of the trail to the east peak, and across the Wuling Valley the peaks of Nanhu Mountain, Zhongyangjian Mountain, Hehuan Mountains, and Qilai Mountains, all well-known high mountains along the northern section of the Central Mountain Range, are visible between the twigs and pine needles.
As the morning and evening peaks appear in certain periods.
'Demand in Mindanao usually peaks in December and in the Visayas it is still another time of the year,' Alabanza said.
Using different modulation coefficient to make a different fixed phase shifter correlation function, the algorithm can efficiently restrain the first side peaks and improve the main peak.
"Climbing the Three Peaks is a serious and unusual challenge for primary school aged children.
Commercial and multifamily real estate prices experienced a post-crisis decline of nearly 40 percent over 26 months following pre-crisis peaks, bottoming in January 2010.
The peak detection algorithms have significantly been used on different types of biological signals such as electrooculogram (EOG), electrocardiogram (ECG), and electroencephalogram (EEG).