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double-dip recession

   Also found in: Financial 0.01 sec.
double-dip recession (dbl-dp)
n.
A recession characterized by a brief intermediate period of economic recovery.


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Responding to the yen's surge, Japan's Prime Minister Yukio Hatoyama said his government must take measures to avoid a double-dip recession.
Responding to the yen's surge, Japan's Prime Minister Yukio Hatoyama said his government must take measures to avoid a double-dip recession.
Bernanke said he sees the economy maintaining growth -- after expanding in the third quarter following four quarters of declines -- despite fears of a so-called double-dip recession.
 
 
 
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