procyclicality
|pro-cy-clic-al-i-ty|
🇺🇸
/ˌproʊsɪklɪˈkælɪti/
🇬🇧
/ˌprəʊsɪklɪˈkælɪti/
moves with the cycle
Etymology
'procyclicality' originates from modern English, formed from the adjective 'procyclical' plus the noun-forming suffix '-ity'. 'Procyclical' itself combines the prefix 'pro-' from Latin 'pro' meaning 'for' or 'forward', and the root 'cyclic' from Greek 'kyklos' meaning 'circle' or 'cycle'.
'procyclicality' developed from the adjective 'procyclical' (pro- + cyclical) with the addition of the English suffix '-ity' to create a noun meaning 'the state or quality of being procyclical'. The elements trace back through Medieval/Modern Latin and Greek (e.g. Greek 'kyklos').
Initially the components referred generally to 'forward' (pro-) and 'cycle' (kyklos); over time the combined English form came to mean specifically the tendency to move with economic cycles—i.e., amplifying booms and busts.
Meanings by Part of Speech
Noun 1
the quality or tendency of a variable, policy, or financial behavior to move in the same direction as the overall economic cycle, thereby amplifying expansions and contractions.
Procyclicality in bank lending can worsen recessions by reducing credit availability when the economy slows.
Synonyms
Antonyms
Last updated: 2025/10/20 02:09
