correction

/kəˈrɛkʃən/
noun
  1. A change that fixes an error or makes something right.
    • Please make a correction to the date on the invitation.
    • The editor sent a list of corrections for the article.
    • His teacher wrote a correction in the margin of his homework.
  2. The act or process of punishing or disciplining someone to improve their behavior.
    • Corporal correction is banned in many schools today.
    • The child received a gentle correction for talking during class.
    • The prison system focuses on correction and rehabilitation.
  3. A drop in the price of a stock or market after a period of increase, usually by 10% or more.
    • The correction wiped out most of the year's gains.
    • After a long rally, a market correction brought prices back down.
    • Investors worried that the stock market was due for a correction.
Antonyms
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