Definify.com

Definition 2024


countercyclical

countercyclical

English

Adjective

countercyclical (comparative more countercyclical, superlative most countercyclical)

  1. (public policy) Dampening the cyclical fluctuations of an economy.
  2. (economics) Moving in the direction opposite to that of the overall state of an economy.
    "The unemployment rate is countercyclical in the sense that it rises when economic growth is low and vice versa.

Antonyms

Translations

See also