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All Definitions »Trough
Trough Meaning & Definition
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Definition of Trough
Trough is the bottoming out of the business cycle just prior to an new upward movement in activity.
Applying "Trough" to Securities Exams:
During the trough of the business cycle the unemployment rate peaks and GDP and savings accounts bottom out. The business cycle odiously oscillates between peaks and troughs and expansions and recessions.