Definitions from Wiktionary (Boom or bust)

▸ noun:  Alternative form of boom and bust, a pattern of great prosperity followed by recession [(economics, finance, business) 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.]
▸ adjective:  Alternative form of boom-and-bust, featuring or characterized by a boom and bust cycle [(economics, finance, business) Featuring or characterized by a boom and bust cycle in a market or an economy, in which rapid price increase is followed by falling prices or recession.]



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