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 ?
Cocktails in a Peaky Blindersthemed Southport bar operated by the same owners include Angry Arthur (gin, cherry herring, chocolate Schnapps and ruby port), The Aunt Polly (St Germaine elderflower liqueur, mint and prosecco) and Grace's Secret (mango vodka, malibu, passionfruit, lemon and apple).
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Critique: An inherently fascinating and absolutely absorbing read from beginning to end, this large print edition of'The Real Peaky Blinders" is very highly recommended for personal, community and academic library 20th Century English History and 20th Century British Criminology reference collections and supplemental studies reading lists.
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PEAKY BLINDERS (BBC TWO, Thursday, 9pm) RAZOR blades hidden in caps, danger around every corner and dastardly goings-on in Birmingham - that's the stuff this hit drama is made of.
A FESTIVAL dedicated to the cult hit Peaky Blinders is set to take place in Stockton.
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