|Doldrums [ DOHL-druh'mz ]|
|[ noun ]|
|1. stagnation or a state where there is no activity|
2. a slump or a period of depression
3. a region of the ocean near the equator, characterized by light winds or squalls.
|USAGE EXAMPLE 1 :|
|The mortgage market has been in the doldrums for last three years now.|