cyclical
- 01 B2 Upper Intermediate
adj.happening in a regular pattern that repeats over time.
adj.occurring in cycles or recurring at regular intervals.
Simple“The seasons follow a cyclical pattern that farmers have relied on for centuries.”
In context“The researcher argued that the historical data revealed a cyclical trend in climate patterns rather than a linear progression.”
- 02 C1 Advanced
adj.describes a business or industry that does well when the economy is strong and poorly when it is weak.
adj.relating to or affected by the economic cycle, particularly industries that fluctuate in line with GDP.
Simple“The car industry is very cyclical because people buy fewer cars during a recession.”
In context“Investors often rotate their portfolios into cyclical stocks when they anticipate a period of robust economic expansion.”
SynonymsAntonymsdefensivenon cyclical - 03 C1 Advanced
n.shares in companies whose profits go up and down with the economy.
n.securities, typically stocks, whose price is highly sensitive to macroeconomic changes.
Simple“He decided to sell his cyclicals before the predicted economic downturn.”
In context“The fund manager increased the weighting of cyclicals in the portfolio to capitalise on the projected rise in consumer spending.”
Synonymscyclical stockAntonymsdefensive stock
From cyclic + -al.
Etymology adapted from Wiktionary, available under CC BY-SA 4.0.