boom or bust

A form of boom and bust — A pattern of high prices in a given market or in the entire economy followed by ruinously low prices, falling production, and bankruptcies by producers; prosperity followed by recession.

Meanings

nounboom or bust (plural booms or busts)

plural booms · plural busts

  1. alternativeAlternative form of boom and bust, a pattern of great prosperity followed by recession

    I don't know if it would work out that way, but I know the grocery store would “boom or bust.”

    1911, Albert Bull, Sound Business, page 142
    1 more example

    After the war, it will be boom or bust! The United States kept laissez-faire too long and it let us drift into a precarious predicament.

    1941, Blair Moody, Boom or Bust, page 317
adjectiveboom or bust (comparative more boom or bust, superlative most boom or bust)

comparative more boom or bust · superlative most boom or bust

  1. alternativeAlternative form of boom-and-bust, featuring or characterized by a boom and bust cycle.

    Our industry has always been a “boom or bust” industry, with a plus or minus 5% swing being the difference between boom and bust.

    1970, “Problems of Capacity, Pulping Processes, Computerization”, in American Paper Industry, volume 52, page 33
    1 more example

    Perhaps it's best, then, for readers not raised in this milieu to imagine Fort Meade and its environs, if not the entire Beltway, as one enormous boom-or-bust company town.

    2019 September 17, Edward Snowden, Permanent Record, New York, N.Y.: Metropolitan Books/Henry Holt and Company, →ISBN, page 37
Cite this entry
APA

boom or bust. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/boom%20or%20bust

MLA

“boom or bust.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/boom%20or%20bust. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “boom or bust,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/boom%20or%20bust.

Source: boom or bust on Wiktionary, CC BY-SA 4.0.