correction

n.

1. The act or process of correcting.
2. Something offered or substituted for a mistake or fault: made corrections in the report.
3. 1. Punishment intended to rehabilitate or improve.
   2. corrections The treatment of offenders through a system of penal incarceration, rehabilitation, probation, and parole, or the administrative system by which these are effectuated.
4. An amount or quantity added or subtracted in order to correct.
5. A decline in stock-market activity or prices following a period of increases.

correctional cor·rec'tion·al adj.

A reverse movement, usually negative, of at least 10% in a stock, bond, commodity or index. Corrections are generally temporary price declines, interrupting an uptrend in the market or asset.

Investopedia Says:
A healthy market will correct from time to time.

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Reverse movement, usually downward and exceeding 10%, in the price of an individual stock, bond, commodity, or index. If prices have been rising on the market as a whole, then fall dramatically, this is known as a correction within an upward trend. Technical analysts note that markets do not move straight up or down and that corrections are to be expected during any long-term move.

noun

Something, such as loss, pain, or confinement, imposed for wrongdoing: castigation, chastisement, discipline, penalty, punishment. See reward/punish/deserve.

n

Definition: adjustment; fixing
Antonyms: blunder, goof, mistake

n

Definition: discipline
Antonyms: allowance, coddling, indulgence, permissiveness, petting, spoiling

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IN BRIEF: The act of offering an improvement to replace a mistake; Treatment of a specific defect; The act of punishing; A drop in stock market activity or stock prices following a period of increases; Something substituted for an error.

Correction does much, but encouragement does more. — Johann Wolfgang von Goethe

Quotes:

"The heart of every man lies open to the shafts of correction if the archer can take proper aim." - Oliver Goldsmith

"When a child can be brought to tears, and not from fear of punishment, but from repentance he needs no chastisement. When the tears begin to flow from the grief of their conduct you can be sure there is an angel nestling in their heart." - Horace Mann

"Some who will not speak against another, in the end does them harm." - Proverb

"Rebuke with soft words and hard arguments." - Proverb

"Rebuke should have a grain more of salt than of sugar." - Proverb

"Private reproof is the best grave for private faults." - Proverb

See more famous quotes about Correction

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Dansk (Danish)
n. - berigtigelse, korrektion, erstatning, straf

idioms:

• correction fluid    rettelak

Nederlands (Dutch)
correctie, verbetering

Français (French)
n. - correction, rectification, redressement, punition, (Phys, Mil, Mécan) correction, (Opt) correction

idioms:

• correction fluid    correcteur liquide

Deutsch (German)
n. - Korrektur, Korrektion, Berichtigung, Verbesserung, Tadel, Bestrafung

idioms:

• correction fluid    Korrekturflüssigkeit

Ελληνική (Greek)
n. - διόρθωση, επανόρθωση, ανασκευή, σωφρονισμός

idioms:

• correction fluid    (λευκό) διορθωτικό υγρό

Italiano (Italian)
correzione

idioms:

• correction fluid    liquido per correzioni

Português (Portuguese)
n. - correção (f), punição (f)

idioms:

• correction fluid    corretivo (m)

Русский (Russian)
исправление

idioms:

• correction fluid    жидкость для исправления ошибок

Español (Spanish)
n. - corrección, rectificación

idioms:

• correction fluid    corrector, líquido corrector

Svenska (Swedish)
n. - rättning, korrigering, ändring, förbättring, korrektion, avhjälpande

中文（简体）(Chinese (Simplified))
矫正, 纠正, 校正

idioms:

• correction fluid    修正液, 纠正液

中文（繁體）(Chinese (Traditional))
n. - 矯正, 糾正, 校正

idioms:

• correction fluid    修正液, 糾正液

한국어 (Korean)
n. - 수정, 징계, 바로잡기

日本語 (Japanese)
n. - 訂正, 校正, 矯正

idioms:

• correction fluid    修正液

العربيه (Arabic)
‏(الاسم) تصحيح, تصويب‏

עברית (Hebrew)
n. - ‮ענישה, תיקון‬

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correction ribbons	Smith Coronamatic Correction Cartridge
correction tape