n.
A sudden and large decrease in demand for goods and services.
Example Citation:
"The Asian crisis has not, they contend, been a negative demand shock but a favourable supply shock, allowing Western companies to buy manufacturing goods more cheaply and concentrate on the knowledge industries it is so good at."
— Janet Bush, "Goldilocks still outruns the bears," The Times
Related Words:
Category:
New words. 2013.