Temporary decline in stock or asset prices in the market after a period of increase. It is often seen as a natural and healthy correction in market movement, rather than a sign of the beginning of an economic collapse. This retreat occurs as a result of profit-taking by investors or the market being affected by temporary economic or political news. Typically, the decline is between 5% to 10% from the previous high. The pullback is an opportunity to buy when prices fall, especially for investors who believe in the long-term upward trend of the market.