From Longman Dictionary of Contemporary Englishprevailingpre‧vail‧ing /prɪˈveɪlɪŋ/ ●○○ adjective [only before noun]1COMMONexisting or accepted in a particular place or at a particular timeSYN current
The prevailing mood of public opinion remained hostile.
the prevailing economic conditions in Northern Ireland2 →prevailing windExamples from the Corpusprevailing• Mr Sugarwarned that prevailingexchange rates were forcing Amstrad to raise prices, causing demand to fall for certain products.• Carefuladjustment of the screenangle and contrast to suit the prevailing light is critical.• prevailing local customs• the prevailingminimumwage• The greatest designers can sway with the prevailingmood of the moment, but remain fundamentally true to their own spirit.• The prevailing rates are publisheddaily in the Financial Times, and are also displayed on Prestel and in all our branches.• A prevailing sense of relief and a chance for everyone to forge a career non-reliant on academicachievement.• I don't need to conform to a prevailingstereotype in the search for distinguished and illustrious positions.prevailing ... conditions• Are you capable of sailing in the prevailing conditions?• Presumably such markedfluctuations are connected with the prevailing weather conditions.• The first few years of floatingproved to be fairly successful, especially in the light of the prevailing economic conditions.• The value used for the exposure will be reasonable for the prevailing conditions.• The Surrealists had exposed and challenged some of the prevailing conditions by bringing together contemporary work with objects from earlier cultures.• Farmers are businessmen and since wages constitute a cost of production they will normally pay no more than prevailing conditionsdictate.• For some species, the width of each ringdepends on prevailing climatic conditions, such as temperature and rainfall.From Longman Business Dictionaryprevailingpre‧vail‧ing /prɪˈveɪlɪŋ/ adjective [only before a noun]existing at a particular time or in a particular situationSYNCURRENTThe prevailingeconomic conditions have had a serious impact on our operations.The shares will be bought at prevailing market prices.