Usually means: Progress locks in, prevents regression.
Definitions Related words Mentions
We found 7 dictionaries that define the word Ratchet effect:

General (6 matching dictionaries)
  1. ratchet effect: Collins English Dictionary
  2. ratchet effect: Infoplease Dictionary
  3. ratchet effect: Dictionary.com
  4. Ratchet effect: Wikipedia, the Free Encyclopedia
  5. ratchet effect: TheFreeDictionary.com
  6. ratchet effect: Wiktionary

Business (1 matching dictionary)
  1. BusinessDictionary.com (No longer online)

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Definitions from Wiktionary (ratchet effect)

▸ noun:  An instance of the restrained ability of human processes to be reversed once a specific thing has happened.


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