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Economic cycle 
Predictable Long-term  pattern changes in national income. Traditional business cycles undergo four stages: Expansion , prosperity, Contraction , and Recession . After a recessionary phase, the expansionary phase can start again. The phases of the Business cycle  are characterized by changing employment, industrial Productivity , and Interest  rates. Some economists believe that stock price trends precede Business cycle  stages.
 
 
Related Terms: 18
Action , Business cycle , Contraction , Cycle , CTA , Contract , Economist , Expansion , Interest , Inc. , Interest rate , Long , Long-term , Productivity , Pattern , Recession , Term , Trend 
 
Semi Related Terms: 717  CLICK HERE TO VIEW 
10-K , 
19c3 stock , 
Adjustable rate , 
Accrual of discount , 
Accrued interest , 
After-tax basis , 
American Stock Exchange , 
Amortization of premium , 
Asked price , 
Asking price , 
At par , 
At best , 
At call , 
Adjustable rate preferred stock , 
Adjusted futures price , 
At risk , 
Add-on service , 
Abstract of title , 
Action to quiet title , 
Adhesion contract , 
As is , 
Assignment to creditors , 
Attorney in fact , 
Adjustable Rate Mortgage , 
Advance rate , 
After acquired clause , 
After-acquired collateral , 
Amortization term , 
Annual Percentage Rate , 
Applicable federal rate , 
Assignment of mortgage , 
A shares , 
Assets under management , 
Average price per share , 
Aggregate exercise price , 
At the money , 
Absorption rate , 
After-tax contributions , 
Age-weighted plan , 
Across the board , 
Action , 
Additional paid-in capital , 
Ad valorem , 
After-tax , 
After-hours trading , 
Against the box , 
At the bell , 
At the close , 
At the figure , 
At the full , 
At the market , 
At the opening order , 
Automated Pricing and Reporting System , 
Away from the market , 
Below the line , 
Billing cycle , 
Books of final entry , 
Books of original entry , 
Book value per share , 
Burn rate , 
Banking Act of 1933 , 
Benchmark interest rate , 
Bid-to-cover ratio , 
Bullet contract , 
Bureau of Public Debt , 
Brought over the wall , 
Buying on margin , 
Buy on close , 
Buy on opening , 
Buy the book , 
Basic earnings per share , 
Balance of payments , 
Bank Rate , 
Base interest rate , 
Board of Governors , 
Business cycle , 
Breaking the syndicate , 
Bill of exchange , 
Bill of sale , 
Breach of trust , 
By the book , 
Bank term loan , 
Base rate , 
Blended rate , 
Broker loan rate , 
Business credit , 
Business finance companies , 
Back-end load , 
B shares , 
Buy and write , 
Borrowed stock , 
Before-tax income , 
Break-even tax rate , 
Breadth-of-market theory , 
Beat the gun , 
Capitalized interest , 
Cash conversion cycle , 
Cash cycle , 
Contra account , 
Cost Of Goods Sold , 
Cost of sales , 
Compound interest , 
Current income , 
Call price , 
Certificate of Participation , 
Committee on Uniform Securities Identification Procedures , 
Common stock equivalent , 
Conversion parity price , 
Conversion price , 
Coupon rate , 
Current production rate , 
Call money rate , 
Code of procedure , 
Contra broker , 
Contract broker , 
Capitalization of income , 
Capitalization rate , 
Cap rate , 
Civilian unemployment rate , 
Consumer Price Index , 
Contraction , 
Cost of Living Adjustment , 
Cost-of-living index , 
Council of Economic Advisers , 
Cycle , 
Cyclical stock , 
Cash and carry trade , 
Cash price , 
Certificated stock , 
Chasing the market , 
Cheapest to deliver , 
Chicago Board of Trade , 
Commodities Exchange Act , 
Commodity-product spread , 
Contract grades , 
Contract market , 
Contract month , 
CTA , 
Convertible term insurance , 
Cost-of-living rider , 
Callable stock , 
Certificate of stock , 
Consumer stock , 
Control stock , 
Corporate action , 
Cost of carry , 
Certificate of title , 
Class action suit , 
Contract , 
Contract for deed , 
Contract sale , 
Cancellation of debt , 
Certificate of Claim , 
Character loan , 
Closed-end credit , 
Consumer interest , 
Cost of debt capital , 
Cost of funds , 
Closed-end fund , 
Closed-end investment company , 
C shares , 
Class of options , 
Close to the money , 
Contract size , 
Certificate of Occupancy , 
Cloud on title , 
Class A Shares , 
Class B Shares , 
Crash of 1929 , 
Crash of 1987 , 
Child and dependent care credit , 
Coefficient of determination , 
Cup and handle , 
Certificate of delivery , 
Close a position , 
Closing price , 
Cornering the market , 
Curbs in , 
Deposit in transit , 
Date of issue , 
Date of payment , 
Deferred interest bond , 
Dollar price , 
Division of Enforcement , 
Division of Investment Management , 
Division of Market Regulation , 
Date of record , 
Dividend in arrears , 
Dividend rate , 
Desk (the) , 
Discount rate , 
Division of labor , 
Delivery price , 
Decreasing term life , 
Deal stock , 
Defensive stock , 
Distribution stock , 
Donated stock , 
Dow Jones Industrial Average , 
De-escalation clause , 
De facto , 
Doing business as , 
Durable Power of Attorney , 
Date of maturity , 
Debtor in possession , 
Debtor-in-possession financing , 
Deed of Release , 
Deed of Trust , 
Discharge of bankruptcy , 
Discharge of lien , 
Due-on-sale clause , 
Deep in the money , 
Deep out of the money , 
Deed of Surrender , 
Department of Housing and Urban Development , 
Dirty stock , 
Dogs of the Dow , 
Disposable income , 
Depth of market , 
Effective annual interest rate , 
Eurodollar certificate of deposit , 
Exact interest , 
Escrowed to maturity , 
Ex-legal , 
Exchange rate , 
Economic cycle , 
Economic growth rate , 
Economist , 
Edge Act , 
Employment Cost Index , 
Expansion , 
E-mini , 
Exchange of spot , 
Ex-pit transaction , 
Effective tax rate , 
Employee Stock Purchase Plan , 
Employee stock repurchase agreement , 
Ex-all , 
Explicit interest , 
Expiration cycle , 
Ex-warrants , 
Employee Retirement Income Security Act of 1974 , 
Ex-rights , 
Ex-rights date , 
Earned income tax credit , 
First In First Out , 
Federal Savings and Loan Association , 
Federal National Mortgage Association , 
Fixed income , 
Fixed income equivalent , 
Fixed-income arbitrage , 
Flight to quality , 
Floating-rate bond , 
Flow of funds , 
Full price , 
Front-ending an order , 
Floating exchange rate , 
Foreign exchange rate , 
Forward exchange rate , 
Forward P/E , 
Fully diluted earnings per share , 
Factors of production , 
Favorable balance of trade , 
Federal Reserve Discount Rate , 
Free market price , 
Forward price , 
Futures contract , 
Futures price , 
Front-end load , 
First preferred stock , 
Form 8-K , 
Form S-1 , 
Full stock , 
Friends and family offering , 
Fair Credit Reporting Act , 
Fair Debt Collection Practices Act , 
Fixed rate , 
Fixed-rate loan , 
Fixed-Rate Mortgage , 
Floating rate , 
Forward interest rate , 
Forward Rate Agreement , 
Full faith and credit , 
Family of funds , 
Fund of funds , 
Free and clear , 
Federal Insurance Contributions Act , 
Free right of exchange , 
Gross income , 
Government National Mortgage Association , 
Guaranteed Investment Contract , 
Glass-Steagall Act , 
Growth stock , 
G-7 , 
GDP implicit price deflator , 
General Agreement on Tariffs and Trade , 
Gross National Debt , 
Gross National Product , 
G-8 , 
Growth and income fund , 
Gather in the stops , 
Going long , 
Hart-Scott-Rodino Act of 1976 , 
Hit the bid , 
House of issue , 
Hang Seng Index , 
Health Insurance Portability and Accountability Act , 
High-tech stock , 
Holder in due course , 
Hang out loan , 
Home equity line of credit , 
Home Mortgage Disclosure Act , 
Head and shoulders , 
Hammering the market , 
Held at the opening , 
Holding the market , 
Horizontal price movement , 
Income statement , 
Interest-bearing , 
Income bond , 
Industrial revenue bond , 
In escrow , 
Interest rate collar , 
Interest rate risk , 
Interest rate swap , 
Intermediate-term , 
In-house , 
Investment Advisor Act of 1940 , 
Investment Company Act of 1940 , 
Income coverage , 
Income stock , 
In line , 
Income distribution , 
Industrial production , 
Inflation rate , 
Interest rate futures , 
Interbank Rate , 
Insurable interest , 
Insider Trading sanctions Act of 1984 , 
Interest , 
Interest expense , 
Internal Rate of Return , 
Indication of interest , 
Inc. , 
In intestacy , 
Inter vivos trust , 
Imputed interest , 
Interest deduction , 
Interest-only loan , 
Interest rate , 
Interest rate cap , 
Interest rate ceiling , 
Interest rate floor , 
In play , 
In-process research and development , 
Income fund , 
Income risk , 
Interest rate option , 
I/O strip , 
Inchoate interest , 
Income property , 
Installment sales contract , 
Interest-only strip , 
Income replacement ratio , 
In-service withdrawal , 
Income exclusion rule , 
Imbalance of orders , 
In and out , 
In sympathy , 
In the tank , 
Jointly and severally , 
Jumping the gun , 
Joint and several liability , 
Joint and survivor annuity , 
Joint Stock Company , 
Last In First Out , 
Lender of last resort , 
Law of one price , 
Long , 
Long Bond , 
Long position , 
Long-term , 
Lending at a rate , 
Limit-on-close order , 
Limit price , 
Long Market Value , 
Law of demand , 
Law of supply , 
London International Financial Futures and Options Exchange , 
Long hedge , 
London Inter-Bank Offer Rate , 
Level term insurance , 
Long-term care insurance , 
Loan stock , 
Long-term debt , 
Long-Term Equity Anticipation Securities , 
Letter of comment , 
Legal age , 
Line of credit , 
Loan-to-cost , 
Loan-to-value , 
Lock-in , 
Long-term mortgage , 
Long leg , 
Long straddle , 
Land contract , 
Long-term lease , 
Leading the market , 
Locked in , 
Long-term gain or loss , 
Level I quotes , 
Long squeeze , 
Market conversion price , 
Medium-term , 
Medium-term bond , 
Make a market , 
Margin rate , 
Market on close order , 
Mark-to-market , 
Medium of exchange , 
Marginal propensity to consume , 
Marginable stock , 
Market rate , 
Money at call , 
Mortgage interest deduction , 
Mortgage rate , 
Mill rate , 
Maximum price fluctuation , 
Net income , 
Net income multiplier , 
Net interest margin , 
Net Operating Income , 
National Bank , 
National Credit Union Administration , 
Negotiable certificate of deposit , 
Negotiable Order of Withdrawal , 
National Market System , 
New York Stock Exchange , 
Nominal rate , 
Non-interest-bearing note , 
Notice of Sale , 
National Association of Securities Dealers , 
National Association of Securities Dealers Automated Quotations system , 
National Securities Clearing Corporation , 
National Securities Trade Association , 
No limit order , 
No quote , 
National Debt , 
National Deficit , 
National Futures Association , 
No-Fault , 
Nonvoting stock , 
No-Action Letter , 
Null and void , 
No-lien affidavit , 
Notice of Default , 
No-load , 
Non-qualified stock option , 
Non-statutory stock option , 
National Association of Real Estate Investment Trusts , 
Normal retirement age , 
No-load stock , 
National Market Advisory Board , 
Net change , 
No book , 
Off the books , 
Operating cycle , 
Other long term liabilities , 
Office of Thrift Supervision , 
Ordinary interest , 
Offering price , 
Out-of-favor , 
Over-the-Counter , 
On-floor order , 
On margin , 
Other income , 
Operating rate , 
Open interest , 
Optionable stock , 
Original issue stock , 
Opinion of title , 
On account , 
On-the-spot loan , 
Open-end credit , 
Open-end mortgage , 
Open-end fund , 
Open-end management company , 
Option income fund , 
Option contract , 
Option price , 
Out of the money , 
Open-end lease , 
Old age, survivors, and disability insurance , 
Ordinary income , 
On-balance volume , 
On close , 
On open , 
On the opening , 
Pooling of interests , 
Pre-depreciation profit , 
Pre-tax profit margin , 
Profit and loss statement , 
Pro forma , 
Pass-through coupon rate , 
Payment-in-kind security , 
Phantom income , 
Price Value of a Basis Point , 
Preferred stock , 
Prior preferred stock , 
P&L , 
Primary earnings per share , 
Provision for income taxes , 
Price index , 
Producer Price Index , 
Productivity , 
Productivity report , 
Parity price , 
Price limit , 
Pre-existing conditions , 
Public offering price , 
Per stirpes , 
Power of Attorney , 
Personal interest , 
Prepaid interest , 
Prime rate , 
Prioritization of debt , 
Prime rate fund , 
Premium income , 
Price spread , 
Passive income , 
Prudent Expert Act , 
Paid-in capital , 
Paid-in surplus , 
Percent held by institutions , 
Pre-syndicate bid , 
Private Investment in Public Equity , 
Preservation of capital , 
Pattern , 
Point-and-figure chart , 
Painting the tape , 
Price range , 
Price-weighted index , 
Reports and Records , 
Retention rate , 
Return of capital , 
Return on Capital , 
Return on Invested Capital , 
Return on Total Assets , 
Run rate , 
Real interest rate , 
Rate covenant , 
Redemption price , 
Reading the tape , 
Regulation D , 
Regulation G , 
Regulation T , 
Regulation U , 
Round of funding , 
Rules of Fair Practice , 
Rate of exchange , 
Reciprocal of European terms , 
Real economic growth rate , 
Recession , 
Retail Price Index , 
Restricted stock , 
Red herring , 
Regulation A , 
Right of first refusal , 
Right of rescission , 
Right to Know , 
Rate-improvement , 
Rate lock , 
Regulation Z , 
Renegotiable rate , 
Revolving line of credit , 
Right of recourse , 
Rule of 78 , 
Right of redemption , 
Retirement Equity Act of 1984 , 
Return on Capital Employed , 
Rate of return , 
Real rate of return , 
Selling, General and Administrative Expenses , 
SG&A , 
Savings and Loan , 
Short-term reserves , 
Sight letter of credit , 
Simple interest , 
S&L , 
Stock association , 
Securities and Exchange Commission , 
Short-term , 
Spot rate , 
Stock buyback , 
Segregation of securities , 
Sell the book , 
Stock loan , 
Stop price , 
Second preferred stock , 
Stock dividend , 
Savings rate , 
Standard of living , 
Swap rate , 
Settlement price , 
Single stock futures , 
Spot price , 
Second-to-die insurance , 
Stock life insurance company , 
Secondary stock , 
Short interest , 
Short interest ratio , 
Standard Industrial Classification , 
Stock bonus plan , 
Stock certificate , 
Stock Clearing Corporation , 
Stock consolidation , 
Stock exchange , 
Stock index , 
Stock market , 
Stock option , 
Stock option plan , 
Stock power , 
Stock screening , 
Stock swap , 
Stock symbol , 
Stock ticker , 
Subscription price , 
Statute of Limitations , 
Sale and leaseback , 
Satisfaction of debt , 
Security interest , 
Start rate , 
Staggered board of directors , 
Stock fund , 
Selling the spread , 
Synthetic stock , 
Share price , 
Split-adjusted price , 
Stock list , 
Story stock , 
Selling short against the box , 
Shorting against the box , 
S Corporation , 
Self-employment tax , 
Short-term gain or loss , 
Sin tax , 
Standard mileage rate , 
Subchapter M , 
Subchapter S Corporation , 
Schedule C , 
Securities Act of 1933 , 
Securities Acts Amendments of 1975 , 
Securities Exchange Act of 1934 , 
Seek a market , 
S&P phenomenon , 
Stop and reverse , 
Times interest earned , 
Trial balance , 
Term CD , 
T-Bill , 
Term , 
Term bond , 
Term to maturity , 
Take a position , 
Trailing P/E , 
Term insurance , 
Treasury Stock , 
Trend , 
Tenancy by the entirety , 
Teaser rate , 
Term deposit , 
Term loan , 
Truth in Lending , 
Term trust , 
Tenancy at will , 
Top hat plan , 
The Street , 
Timing the market , 
Taxable income , 
Taxpayer Relief Act of 1997 , 
Tax Reform Act of 1986 , 
Tax Reform Act of 1993 , 
Take a bath , 
Target price , 
Term repo , 
Trend reversal , 
Term sheet , 
U.S. Government Agency Security , 
U.S. Savings Bond , 
U.S. Treasury , 
U.S. Treasury Bill , 
U.S. Treasury Bond , 
U.S. Treasury Note , 
U.S. Treasury Securities , 
Uniform Securities Act , 
Unemployment rate , 
Unearned interest , 
Unit of trade , 
Unit of trading , 
Variable rate , 
Value stock , 
Vetoing stock , 
Voting stock , 
With interest , 
Williams Act , 
Wage price spiral , 
Waiver of premium , 
Watered stock , 
Widow-and-orphan stock , 
When, as, and if issued , 
X or XD , 
Year-To-Date , 
Yield to call , 
Yield to maturity , 
Yield to worst , 
Y shares , 
Z shares