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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 ?
People with learning disabilities should have equitable access to eye care from refractive correction to surgery to enable them to play an active part in society and access education, employment and leisure (see Figure 4).
Mojon, "Influence of refractive correction on peripheral visual field in static perimetry," Graefe's Archive for Clinical and Experimental Ophthalmology, vol.
Refractive correction can be achieved either by altering the refractive power of the cornea or with the help of intraocular surgery.
Avedro is a privately held pharmaceutical and medical device company focused on corneal cross-linking and refractive correction. The company distributes its products around the world through more than 30 ophthalmic distributors.
* Habitual versus optimal refractive correction. Many studies of sportspeople conduct testing in participants in their habitual refractive status while playing their sport.
This video provides guidance on how optometrists and dispensing opticians can play a part in falls prevention, particularly in relation to the types of spectacle lenses and refractive correction prescribed to elderly, frail patients.
From the time when amblyopia therapy was first attempted to this day, the main treatment approach consists of optimal refractive correction combined with some means of giving the signal from the weaker eye an advantage over its fellow.
As is the case for any mode of refractive correction, there is the potential for under- or over-correction of myopia with orthokeratology, which will influence unaided vision and/or visual function.
One particular conundrum is that roughly 1.5 million children in the UK wear a refractive correction, yet only around 8% of contact lens fittings in the UK are to teenagers and 2% to children.
GOS statistics indicate that about 1.5 million children in the UK wear a refractive correction and yet only around 8% of contact lens fits in the UK are to teenagers and 2% to children.
a A pair of low power compact telescopes is mounted binocularly in carrier lenses with refractive correction