- ratchet effect
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intermittent growth, increase, expansion, or the like: the ratchet effect of defense expenditures.[1965-70]
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Universalium. 2010.
ratchet effect
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Ratchet effect — The ratchet effect is the commonly observed phenomenon that some processes cannot go backwards once certain things have happened, by analogy with the mechanical ratchet that holds the spring tight as a clock is wound up. It is related to the… … Wikipedia
ratchet effect — intermittent growth, increase, expansion, or the like: the ratchet effect of defense expenditures. [1965 70] * * * ratchet effect, intermittent advance, increase, growth, or the like: »It appears that there has been a ratchet effect in employment … Useful english dictionary
ratchet effect — the constant increase in exploitation due to the fact that positive short term economic benefits often cannot be counterbalanced by the uncertain predictions of possible deleterious effects … Dictionary of ichthyology
Ratchet Effect — Sperrklinkeneffekt. I. Volkswirtschaftstheorie:1. In der Konsumforschung beobachtetes Phänomen, nach dem bei Einkommenserhöhungen eine proportionale Zunahme der Konsumausgaben eintritt, während bei Einkommensrückgängen eine nur unterproportionale … Lexikon der Economics
ratchet effect — An irreversible change to an economic variable, such as prices, wages, exchange rates, etc. For example, once a price or wage has been forced up by some temporary economic pressure, it is unlikely to fall back when the pressure is reduced. This… … Accounting dictionary
Ratchet (Transformers) — Ratchet is the name of several characters in the Transformers universes. The name Ratchet is almost always portrayed as an Autobot medic who turns into an ambulance. Ratchet is sometimes referred to as Autobot Ratchet or Rescue Ratchet in the toy … Wikipedia
ratchet — /rach it/, n. 1. a toothed bar with which a pawl engages. 2. (not in technical use) a pawl or the like used with a ratchet or ratchet wheel. 3. a mechanism consisting of such a bar or wheel with the pawl. 4. See ratchet wheel. 5. a steady… … Universalium
Muller's ratchet — Illustration of chromosome crossover during genetic recombination In evolutionary genetics, Muller s ratchet (named after Hermann Joseph Muller, by analogy with a ratchet mechanism) is the process by which the genomes of an asexual population… … Wikipedia
List of Ratchet & Clank characters — This is a list of characters from the Ratchet Clank video game series. Ratchet Clank is a series of platform video games developed by Insomniac Games and High Impact Games. The series features a large cast of characters voiced by veteran voice… … Wikipedia
performance ratchet — Also known as equity ratchet. A common feature of private equity transactions, designed as an incentive for owner managers. The effect of the ratchet is to increase the amount of equity held by managers if certain performance targets are reached … Law dictionary
