The stable state of the system. Bloomberg Financial Dictionary
See: attractor. Bloomberg Financial Dictionary
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equilibrium e‧qui‧lib‧ri‧um [ˌiːkwˈlɪbriəm] noun [uncountable]
ECONOMICS the idea that there is a situation in an economy where supply and demand are naturally in balance. For example, the supply and demand of goods would be in balance through price changes, or the supply and demand of employment would be in balance through changes in wages
ˌgeneral equiˌlibrium ECONOMICS
a situation of balance in all markets and areas of the economy:
• We asked several analysts for their view on the general equilibrium of the economy.
ˈmarket equiˌlibrium ECONOMICS
a situation of balance in a particular market:
• As interest rates rise, the speculative demand for money falls and money market equilibrium is eventually restored.
ˌpartial equiˈlibrium ECONOMICS
equilibrium in one part of the economy, for example the supply and demand of a particular product
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equilibrium UK US /ˌiːkwɪˈlɪbriəm/ noun [S or U] ECONOMICS
► a situation in which an economy is balanced and not experiencing large changes, for example when the number of goods that people want to buy is similar to the number of goods being offered: equilibrium between sth and sth »
Raising the prices we charge the consumer would enable us to raise wages until we reach an equilibrium between supply and demand.
equilibrium in sth »Saudi Arabia has promised to make every effort to ensure equilibrium in the oil industry and to stabilize prices.
→ See also GENERAL EQUILIBRIUM(Cf. ↑general equilibrium), MARKET EQUILIBRIUM(Cf. ↑market equilibrium), PARTIAL EQUILIBRIUM(Cf. ↑partial equilibrium)
Financial and business terms. 2012.