- A small but sharp increase in business activity, political activity or birth rates in a particular region over a certain period of time. Where a boom is considered a period of vigorous growth and prosperity, a boomlet can be regarded as a mini-boom. A boomlet has the same business, political or growth rate activity as a regular boom, but to a lesser degree. A boomlet may be a smaller or less enduring trend when compared to a traditional boom.
A boomlet is a small boom. In the stock market, a boomlet is associated with a temporary but sustained increase in prices, or a period of buying and rising prices (as opposed to a bust, or a bear market with falling prices). An example of a boomlet is the 2% increase in the U.S. fertility rate during 2005 and 2006. In 2006, birth rates in the U.S. stabilized the population for the first time since 1971.
Investment dictionary. Academic. 2012.
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boomlet — boom‧let [ˈbuːmlət] noun [countable] a small boom that does not last very long: • The tax increases will do nothing to stop the current boomlet developing into a fully fledged boom. * * * boomlet UK US /ˈbuːmlət/ noun [C] ► ECONOMICS a short… … Financial and business terms
boomlet — ☆ boomlet [bo͞om′lit ] n. a small boom, as in business … English World dictionary
boomlet — noun Date: 1880 a small boom; specifically a sudden increase in business activity < a stock market boomlet > … New Collegiate Dictionary
boomlet — /boohm lit/, n. a brief increase, as in business activity or political popularity. [1875 80, Amer.; BOOM1 + LET] * * * … Universalium
boomlet — noun A small period of rapid growth in a market. See Also: boom … Wiktionary
boomlet — n. short period of surprising and intense economic boom; small boom in the birth rate … English contemporary dictionary
boomlet — boom·let … English syllables
boomlet — boom•let [[t]ˈbum lɪt[/t]] n. bus a brief increase, esp. in business activity or political popularity • Etymology: 1875–80, amer … From formal English to slang
boomlet — ˈbümlə̇t noun ( s) Etymology: boom (IV) + let : a small boom; specifically : a short term increase in economic activity … Useful english dictionary
baby boomlet — noun Date: 1977 a small or secondary baby boom (as in the United States in the 1980 s and 90 s) … New Collegiate Dictionary