cor·​rec·​tion | \ kə-ˈrek-shən How to pronounce correction (audio) \

Definition of correction

1 : the action or an instance of correcting: such as
c : a bringing into conformity with a standard
d : neutralization, counteraction correction of acidity
2 : a decline in market price or business activity following and counteracting a rise
3a : something substituted in place of what is wrong marking corrections on the students' papers
b : a quantity applied by way of correcting (as for adjustment of an instrument)
4 : the treatment and rehabilitation of offenders through a program involving penal custody, parole, and probation also : the administration of such treatment as a matter of public policy usually used in plural

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Other Words from correction

correctional \ kə-​ˈrek-​shnəl How to pronounce correctional (audio) , -​shə-​nᵊl \ adjective

Synonyms for correction


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Examples of correction in a Sentence

The teacher marked corrections on his students' tests. Please make corrections before handing in your compositions. the correction of your mistakes people in need of vision correction
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Recent Examples on the Web The number of total deaths from coronavirus dropped from 335 reported June 4 to 283 today, a change that may reflect the correction of errors in the first batch of CMS data. al, "These Alabama nursing homes added new coronavirus cases in June, federal data shows," 19 June 2020 Spencer told The Enquirer that Madeira City Council has decided to pursue a community action plan for racial equity with four components: commitment, connection, communication and correction. Jeanne Houck,, "Madeira mayor: 'We must not leave people out simply because they are in the minority'," 17 June 2020 Buyers are seeking deals in the anticipation of a price correction of 15-20% on properties across regions. Amit Goyal, Quartz India, "The pandemic-triggered slump is a great opportunity for NRIs to buy homes in India," 14 June 2020 Some argue that unprecedented support from central banks like the Fed would limit the risk, while others are worried that may not be enough to prevent a correction. Julia Horowitz, CNN, "The big looming risk for investors? A second wave of coronavirus," 11 June 2020 New York unions representing police and correction officers have opposed stripping their members of that protection. NBC News, "NYC mayor says U.S. has reached 'New Deal moment' of policing, encourages transparency on police records," 10 June 2020 The statement from a Times spokesperson and shared online by a Times staff writer did not apologize for the op-ed nor explain if it would be marked with a correction. Sarah Ellison,, "After staff uproar, New York Times says Senator Tom Cotton op-ed urging military incursion into US cities 'did not meet our standards'," 4 June 2020 New York City correction officers have also been hit particularly hard by the pandemic; as of May 20, at least 1,259 officers had been infected and six had died, per the New York Times. Madeleine Carlisle, Time, "Hundreds of Protesters Being Detained Illegally in New York City, Lawsuit Against NYPD Alleges," 4 June 2020 Full coverage of George Floyd’s death and protests around the country Schnell, the corrections commissioner, said some estimated the truck was traveling at around 70 mph. NBC News, "Large truck drives through crowd of protesters in Minneapolis," 31 May 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'correction.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of correction

14th century, in the meaning defined at sense 1

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Time Traveler for correction

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The first known use of correction was in the 14th century

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Statistics for correction

Last Updated

22 Jun 2020

Cite this Entry

“Correction.” Dictionary, Merriam-Webster, Accessed 2 Jul. 2020.

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More Definitions for correction



Financial Definition of correction

What It Is

A correction refers to a price decline of at least 10% of any security or market index after a temporary increase in market prices.

How It Works

The stock market's value is always rising and falling. Sometimes, the market will experience short-term gains when nothing has really changed. These increases in value are usually caused by mass optimism on the part of investors anticipating gains. As more investors buy into the trend, the price increases. Once the price is high enough, buying slows, and some investors begin to sell to lock in their gains. This decrease in price, following a short-term increase, is called a correction.

For example, suppose there is a stock XYZ that is currently valued at $80. Anticipating gains, investors continue to purchase XYZ, and the price of the stock goes up to $100 over the next month. At the end of this month, some investors stop buying the stock at the higher price, and others start selling the stock to lock in their gains. Consequently, the market readjusts and the price of XYZ stock falls to $90 per share. Therefore, XYZ stock has experienced a correction of roughly 10%.

Why It Matters

Corrections are usually tracked once an upswing in market prices has come and gone. A correction in a stock's price following an upswing is indicative of a stock's true market value and may not indicate a loss in value so much as a market's return to stability.

Corrections are a big part of technical analysis. Many investors use indicators to try to determine when the correction will begin and end so that they can buy when prices are lower.

Source: Investing Answers


How to pronounce correction (audio)

English Language Learners Definition of correction

: a change that makes something right, true, accurate, etc.
: the act of making something (such as an error or a bad condition) accurate or better : the act of correcting something
: the act or process of punishing and changing the behavior of people who have committed crimes


cor·​rec·​tion | \ kə-ˈrek-shən How to pronounce correction (audio) \

Kids Definition of correction

1 : the act of making something agree with what is right or standard correction of vision
2 : a change that makes something right I read the teacher's corrections on my paper.

Other Words from correction

correctional \ -​shə-​nᵊl \ adjective

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cor·​rec·​tion | \ kə-ˈrek-shən How to pronounce correction (audio) \

Medical Definition of correction

: the action or an instance of correcting or neutralizing a harmful or undesirable condition correction of acidity correction of visual defects with glasses



Legal Definition of correction

1 : a decline in market price or business activity following and counteracting a rise
2 : the treatment and rehabilitation of offenders through a program involving penal custody, parole, and probation often used in pl.

Other Words from correction

correctional adjective

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Comments on correction

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