Noun
/ kəˈrɛkʃən ˈpɪərɪd /
The term "correction period" refers to a designated time frame during which adjustments or corrections are made in various contexts, such as educational assessments, financial markets, or project evaluations. In finance, for example, it often describes a period when the prices of assets or securities decline from recent highs, allowing for a market adjustment. The term tends to be used more in written context, particularly in formal reports and articles about finance or educational evaluations.
The students were given a correction period to review their mistakes before the final exam.
Los estudiantes recibieron un periodo de corrección para revisar sus errores antes del examen final.
During the correction period, many investors reassessed their portfolios to minimize losses.
Durante el periodo de corrección, muchos inversores reevaluaron sus carteras para minimizar pérdidas.
The team will enter a correction period to address the feedback received after the last presentation.
El equipo entrará en un periodo de corrección para abordar los comentarios recibidos después de la última presentación.
While "correction period" itself does not appear in many idiomatic expressions, the concept of correction can be found in some common phrases used in related contexts. Here are a few expressions:
"In the correction corner"
After the stock market crash, many investors found themselves in the correction corner, desperately seeking guidance.
Después del colapso del mercado de valores, muchos inversores se encontraron en la esquina de corrección, buscando desesperadamente orientación.
"Correction and accountability"
The company emphasized correction and accountability in their quarterly review to ensure better performance next time.
La empresa enfatizó la corrección y la responsabilidad en su revisión trimestral para asegurar un mejor rendimiento la próxima vez.
"A necessary correction"
The new policy was seen as a necessary correction to the previous administration’s approach.
La nueva política fue vista como una corrección necesaria al enfoque de la administración anterior.
The word "correction" originates from the Latin correctio, meaning “to set right” or “to rectify.” The term has evolved to denote amendments or changes made to improve accuracy. The word "period" comes from the Greek periodos, meaning “a going around” or “cycle,” which signifies intervals or spans of time.
Synonyms:
- Adjustment period
- Revision period
- Amending phase
Antonyms:
- Stability phase
- Fixed term
- Constant duration