Words / O / Business

overshoot

noun/ˈəʊvəʃuːt/

B2CEFR level
55/100Rarity: uncommon
TechnicalRegister

A movement of a variable beyond its long-run equilibrium before correcting.

The exchange-rate overshoot saw the currency spike far above fundamentals before easing back.

Topic: Economics in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Economics