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 ?
Multiple other related patent applications - The story doesn't end here, because Be Topnotch, LLC has also filed additional continuation-in-part applications for patents related to this smart sun visor invention with the clear intent to bring tons of new features on the outdated sun visors and continue to maintain its leadership position for this invention.
Some surgeons refused to wear the visor because they regarded their prescription spectacles as sufficient protection.
Feather visors are made in a variety of designs using tail feathers of various birds and, if you are lucky, from the same bird.
Similar to the SIRIUS One, the XACT Visor has a compact design that allows it to be easily installed in the car by using one of the four mounting options.
I don't think there's anyone in the league who didn't wear a visor in junior.
If data in a Visor is lost, the module can restore the entire memory of the handheld.
In addition, the company sells integrated modules to military, industrial and medical customers, and has recently announced its first consumer system, the Z800 3D Visor.
One of the most spectacular performances over hurdles by a horse in a first-time visor was Sky's The Limit's demolition job in the 2006 Coral Cup.
Berard would be playing today, and the Maple Leafs would be trying to overtake New Jersey for the top spot in the Eastern Conference, if he had been wearing a visor when Ottawa's Marian Hossa inadvertently struck him with his stick following through on a shot.
BOSTON -- eMagin Corporation (AMEX:EMA), a leader in virtual imaging technology, is demonstrating its new Z800 3D Visor and other innovations in OLED microdisplay applications at the 2005 Society for Information Display (SID) International Seminar and Exhibition.