period

Definition

A quantifiable segment of time, such as a week, month or quarter that a company uses to forecast or claim business activities. For example, a company which ships 10,000 units over a four-week period.

Use period in a sentence

  • After the third period ended it was still all tied up so the hockey game went into overtime to decide a winner.

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  • The current period that the oil economy is currently in is not ideal at all due to the fact that many people have lost their jobs due to the supply shock and low oil prices.

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  • In the third period of the end of season game, the smaller team made a rebound and scored over forty goals.

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