(economics, finance, business) A pattern of high prices in a given market or in the entire economy followed by ruinously low prices, falling production, and bankruptcies by producers; prosperity followed by recession.

(economics, finance, business) Featuring or characterized by a boom and bust cycle in a market or an economy, in which rapid price increase is followed by falling prices or recession.

plural of boom and bust

Alternative form of boom and bust, a pattern of great prosperity followed by recession

Alternative form of boom-and-bust, featuring or characterized by a boom and bust cycle