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Home > QFINANCE Dictionary > Definition of turbulence

Definition of

turbulence

General Management

sudden changes affecting performance unpredictable and swift changes in an organization's external or internal environments, or in an economy, that affect its performance. The late 20th century was considered a turbulent environment for business because of the rapid growth in technology and globalization, and the frequency of restructuring and merger activity. 2008 was an especially turbulent period for financial markets, when banks worldwide could not meet their loans and had to receive government support.

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Definitions of ’turbulence’ and meaning of ’turbulence’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’turbulence’ and other financial terms with our online QFINANCE Financial Dictionary.

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