Peak

The transition from the end of an economic expansion to the start of a contraction. The New York Times Financial Glossary

* * *

I. peak peak 1 [piːk] noun [countable]
the time when prices, shares etc have reached their highest point or level:

• The company's share of overseas assets reached a peak two years ago.

• It estimates that the value of its land is now 60 percent below its peak.

peak of

• The number of cars produced fell from a peak of 800 in 2004 to 650 this year.

• The FTSE 100 climbed to 2577.1, just below the intraday peak (= the highest point on a particular trading day ) of 2580.1.

  [m0] II. peak peak 2 adjective
1. peak level/​price/​rate etc the highest level etc something reaches:

• Many Japanese investors bought property at peak prices just before values began to slump.

• The company expects to hit peak production in two years' time.

2. peak time/​period/​hours/​season the time when the greatest number of people in a country are doing the same thing, using the same service etc:

• There are extra trains at peak times.

• Hotel prices rise during the peak season.

— see also off-peak
  [m0] III. peak peak 3 also peak out verb [intransitive]
to reach the highest point or level:

• The Bundesbank president declined to say whether German interest rates had peaked.

peak at

• Sources estimate that output from the oilfield will peak at about 25,000 barrels a day.

• The company's stock peaked at $11.50.

• European metal dealers have been buying copper only as needed while waiting for prices to peak out.

* * *

Ⅰ.
peak UK US /piːk/ noun [C]
a period during which something reaches its highest level, price, rate, etc.: »

At its peak, the company was valued at £1.5 billion.

»

Several internet service providers tested in the evening peak failed to deliver the new target for high-speed internet.

be above/below the peak of sth »

The shares have started to recover but are still far below their 12-month peak.

hit/reach/rise to a peak »

Investors were looking beyond the UK market because they feared it might have reached a peak.

»

all-time/record/highest peak

»

Markets are subject to strong peaks and troughs due to economic cycles.

Compare TROUGH(Cf. trough) noun
Ⅱ.
peak UK US /piːk/ adjective [before noun]
relating to the highest level, price, rate, etc. that something reaches: »

The comparison site provides information on peak and off-peak rates across all the major mobile networks.

»

Service providers keep spare capacity to meet peak demand.

»

peak efficiency/performance

relating to a period of time during which more people are using a service or system than during any other period: »

The new facility could increase the number of packages shipped to 30,000 from 10,000 during the peak holiday season.

peak hours/periods/times »

The Underground often operates a crowd-control system at peak periods.

Compare OFF-PEAK(Cf. ↑off-peak)
Ⅲ.
peak UK US /piːk/ verb [I] (also peak out)
to reach the highest level, price, rate, etc.: »

Official figures show that unemployment peaked in November.

peak (out) at sth »

There was growing belief in the City that base rates may have peaked at 4.75%.

»

Despite talk of the market peaking out, investors are still buying rather than selling.


Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • Peak — Peak, n. [OE. pek, AS. peac, perh of Celtic origin; cf. Ir. peac a sharp pointed thing. Cf. {Pike}.] 1. A point; the sharp end or top of anything that terminates in a point; as, the peak, or front, of a cap. Run your beard into a peak. Beau. & Fl …   The Collaborative International Dictionary of English

  • Peak — 〈[pi:k] m. 6〉 1. 〈Phys.〉 Spitzenwert eines Signals o. Ä. 2. 〈allg.〉 Spitze, Spitzenwert, Höhepunkt 3. Bergspitze, gipfel (bes. in engl. Namen); →a. Pik1 [engl., „Spitze, Gipfel“] * * * Peak [ pi:k; engl. Gipfel, Spitze, Scheitelpunkt], der; s, s …   Universal-Lexikon

  • Peak — Peak, v. i. [imp. & p. p. {Peaked}; p. pr. & vb. n. {Peaking}.] 1. To rise or extend into a peak or point; to form, or appear as, a peak. [1913 Webster] There peaketh up a mighty high mount. Holand. [1913 Webster] 2. To acquire sharpness of… …   The Collaborative International Dictionary of English

  • peak — peak1 [pēk] vi. [< ?] to become sickly; waste away; droop peak2 [pēk] n. [var. of PIKE5] 1. a tapering part that projects; pointed end or top, as of a cap, roof, etc. 2. part of the hairline coming to a point on the forehead; widow s peak …   English World dictionary

  • Peak — Peak, v. t. (Naut.) To raise to a position perpendicular, or more nearly so; as, to peak oars, to hold them upright; to peak a gaff or yard, to set it nearer the perpendicular. [1913 Webster] …   The Collaborative International Dictionary of English

  • Peak — (High Peak, spr. hai pīk, P. von Derby), ein breites Plateau mit steilen Wänden und tief eingeschnittenen Tälern im nördlichen Derbyshire (England), das zur Penninischen Kette gehört und vom Derwent, Dove und Wye bewässert wird. Es erreicht im… …   Meyers Großes Konversations-Lexikon

  • Peak — Peak, SC U.S. town in South Carolina Population (2000): 61 Housing Units (2000): 36 Land area (2000): 0.268859 sq. miles (0.696341 sq. km) Water area (2000): 0.000671 sq. miles (0.001738 sq. km) Total area (2000): 0.269530 sq. miles (0.698079 sq …   StarDict's U.S. Gazetteer Places

  • Peak, SC — U.S. town in South Carolina Population (2000): 61 Housing Units (2000): 36 Land area (2000): 0.268859 sq. miles (0.696341 sq. km) Water area (2000): 0.000671 sq. miles (0.001738 sq. km) Total area (2000): 0.269530 sq. miles (0.698079 sq. km) FIPS …   StarDict's U.S. Gazetteer Places

  • peak — pointed top, 1520s, variant of PIKE (Cf. pike) (2) sharp point. Meaning top of a mountain first recorded 1630s, though pike was used in this sense c.1400. Figurative sense is 1784. Meaning point formed by hair on the forehead is from 1833. The… …   Etymology dictionary

  • peak — [n1] top of something aiguille, alp, apex, brow, bump, cope, crest, crown, hill, mount, mountain, pinnacle, point, roof, spike, summit, tip, vertex; concepts 509,836 Ant. base, bottom, nadir peak [n2] maximum, zenith acme, apex, apogee, capstone …   New thesaurus

  • peak|y — «PEE kee», adjective, peak|i|er, peak|i|est. 1. peaked or pointed; peaklike. 2. abounding in peaks …   Useful english dictionary

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