Definition of "procyclicality" []

• The quality of being procyclical. (noun)

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• "The central bank, in a statement, has asked banks to understand importance of building buffers, such as floating provisions (which are in excess of mandatory requirements) in this regard to mitigate "procyclicality"."
• "This means identifying, monitoring, and addressing procyclicality and systemic risks generated by the individual and collective behavior of firms."
• "In addition we agreed to pursue policy measures with respect to haircut-setting and margining practices for securities financing and OTC derivatives transactions that will reduce procyclicality and enhance financial market resilience."