noun
: an economic indicator (as spending on new plants and equipment) that more often than not maintains an existent trend for some time after the state of the economy has turned onto an opposite trend — called also lagger
noun
: an economic indicator (as spending on new plants and equipment) that more often than not maintains an existent trend for some time after the state of the economy has turned onto an opposite trend — called also lagger
Webster's New International English Dictionary. Новый международный словарь английского языка Webster. 2012