correction

noun
cor·​rec·​tion | \kə-ˈrek-shən \

Definition of correction 

1 : the action or an instance of correcting: such as

a : amendment, rectification

b : rebuke, punishment

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, -​shə-​nᵊl \ adjective

Synonyms for correction

Synonyms

amendment, emendation

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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

Paul is effusive and almost bubbly, while Fred is more taciturn and tends to let Paul run, interrupting only when corrections are necessary. Lee Hutchinson, Ars Technica, "Video: How Star Control II was almost a much more boring game," 23 Oct. 2018 Even after regaining authority, corrections officers continued their reign of terror, subjecting inmates to intimindating tactics, like ordering them to strip naked. Shammara Lawrence, Teen Vogue, "The Attica Prison Riot in 1971 Serves as a Reminder of the Dangers of a Failing Prison System," 13 Sep. 2018 Kennedy’s coda may end up being the correction of Korematsu. Massimo Calabresi, Time, "With Justice Kennedy Gone, It's Trump's Court Now," 28 June 2018 The corrections started at the top and have trickled down. Gregg Doyel, Indianapolis Star, "Doyel: Andrew Luck finally has a coaching staff who deserves him," 13 June 2018 The scoring correction negated what would have been a dramatic finish for Arrowhead. Mark Stewart, Milwaukee Journal Sentinel, "Scoring correction in the discus gives Waukesha West girls Classic 8 title," 10 May 2018 Looking forward to the correction once you fact check. Sam Gillette, ajc, "'Flirty Hillary?' Clinton loves to chat with 'handsome, preferably straight' men, new book says," 25 Apr. 2018 Those who find the correction ideologically unpalatable will reason their way round it. The Economist, "Fake news flourishes when partisan audiences crave it," 5 Apr. 2018 But the House is not expected to accept the omnibus correction from Risch, according to Republican senators familiar with the conversations. Cynthia Sewell And Rocky Barker, idahostatesman, "Risch holds up spending bill, angry over naming of wilderness after former rival Andrus | Idaho Statesman," 22 Mar. 2018

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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Last Updated

8 Dec 2018

Look-up Popularity

Time Traveler for correction

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

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More Definitions for correction

correction

noun

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

correction

noun

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 ( US )

correction

noun
cor·​rec·​tion | \kə-ˈrek-shən \

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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correction

noun
cor·​rec·​tion | \kə-ˈrek-shən \

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

correction

noun
cor·​rec·​tion

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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to make faulty or ineffective

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