Definition, Meaning & Synonyms
seasonality
noun
/ˌsiː.zənˈæl.ə.ti/
Definition
The quality or condition of being seasonal; the tendency for something to fluctuate according to the seasons.
Examples
- The seasonality of tourism can affect the local economy.
- Businesses must plan for the seasonality of their products, which may sell better at certain times of the year.
- Understanding seasonality in sales can help businesses forecast demand more accurately.
Meaning
In economics and various industries, seasonality refers to periodic fluctuations in certain business or economic patterns due to seasonal changes.
Synonyms
- cyclicality
- periodicity
- regularity
