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equilibrium.

Noun
FormalAcademic
MEANING

a state of balance in which opposing forces or tendencies offset one another

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Words that belong together

  • market equilibrium
  • stable equilibrium
  • reach equilibrium

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The model predicts a new equilibrium after the shock.
An equilibrium can be stable without being socially desirable.
The forces reached equilibrium at the midpoint.

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Word forms
Base
equilibrium

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Usage notes

Primary curation section: Academic. In economics, may describe a condition where relevant plans or forces balance. Equilibrium need not be fair, desirable, or static in every sense. Plural: equilibria or equilibriums.

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