Martha listens to âWhateverâ when sheâs in the car if the topic of conversation is something that she feels comfortable listening to with her male driver. A discussion of the phenomenon of âmiddlesmertzâââwhen a woman ovulates and her panties get all goopy,â Alexis explainsâprecipitated a hasty channel change.
DEFINITION of 'Slump'. A slang term denoting a period of poor performance or inactivity in an economy, market or industry. In economic terms, a slump specifically refers to a recession, signaling a slow down of business activity.Next Up.n industry may experience a slump when overall activity begins to decline. In the loan industry, a slump may represent a period of tight lending policies. Since it is more difficult to get a loan, overall lending volumes will drop. Slumps apply to financial markets as well.
What is a 'Contraction'. A contraction is a phase of the business cycle in which the economy as a whole is in decline. More specifically, contraction occurs after the business cycle peaks but before it becomes a trough. According to most economists, a contraction is said to occur when a country's real GDP has declined for two or more consecutive quarters.