pullback
noun[C]
uk/ˈpʊlbæk/usECONOMICS,FINANCE
areductionin theamountofmoneythat acompanyorpersonspends:
a pullback in spending/lending/hiringamassivepullback inconsumerspending
The pullback willaffectnot onlyourowncompanybut also those with whom we dobusiness.
STOCK MARKET
asituationin whichpricesfallsuddenlyfrom a highlevel:
Themarketis overextended andreadyfor amajorpullback.