- noun a situation where there are too many people or vehicles in a confined space for them to be able to move freely
- noun a state that occurs when communication or processing demands are greater than the capacity of a system
- The costs and inefficiencies that result when a space becomes crowded. For example, costs of international trade may rise due to congestion of ports, if these facilities are not expanded along with trade.
- A description of a trading activity period when there is little price movement. This could happen because of the lack of trades on the market at the time or when a large number of trades occur within a very narrow price range. Typical explanations as to why this occurs include consolidation and temporary indecision near price resistance or support. In currency markets, ongoing congestion is seen as particularly bad for business since continuous price fluctuations are required for optimal profitability in Forex trading. Generally, a specific currency or pair of currencies will be affected by congestion at a given time rather than the entire Forex market.
Information & Library Science
- noun a state where there is too much data for the capacity of a system
- noun an accumulation of blood in an organ.
- noun a state in which there are too many people or vehicles in the space available and movement is difficult