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dotcom| Company conducting electronic commerce primarily over the World Wide Web, and quite possibly with no physical stores. The term comes from the Internet domain name suffix ‘.com’ for commercial organizations. |
| The value of shares in dotcoms became greatly over-inflated in the late 1990s. The resulting bubble burst in 2000. A knock-on effect of the bursting of the dotcom bubble was the bursting of a similar, but even bigger, telecommunications bubble, which led to the loss of hundreds of thousands of jobs at telecoms operators and equipment suppliers around the world. |
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