boom-and-bust

noun

: an alternation of prosperity and depression

specifically : alternate periods of high and low levels of economic activity in the business cycle

we're in for the biggest boom-and-bust … that we've ever seen

—Hal Borland

boom-and-bust adjective

… diversifying a local economy to make it less subject to boom-and-bust whiplash.

—Douglas H. Chadwick, Audubon, November/December 1995

Word History

Etymology

boom entry 4

The Ultimate Dictionary Awaits

Expand your vocabulary and dive deeper into language with Merriam-Webster Unabridged.

1. Expanded definitions
2. Detailed etymologies
3. Advanced search tools
4. All ad-free

Discover what makes Merriam-Webster Unabridged the essential choice for true word lovers.

Start Your Free Trial Now