recession

re·ces·sion ¹  (r-sshn)

n.

1. The act of withdrawing or going back.

2. An extended decline in general business activity, typically two consecutive quarters of falling real gross national product.

3. The withdrawal in a line or file of participants in a ceremony, especially clerics and choir members after a church service.

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[Latin recessi, recessin-, from recessus, past participle of recdere, to recede; see recede¹.]

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re·cession·ary adj.

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recession

Noun

1. a period of economic difficulty when little is being bought or sold

2. the act of receding

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Recession of economists—Lipton, 1970.

Thesaurus

Noun	1.	recession - the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year economic condition - the condition of the economy
	2.	recession - a small concavity niche, recess, corner pharyngeal recess - a small recess in the wall of the pharynx concave shape, concavity, incurvation, incurvature - a shape that curves or bends inward
	3.	recession - the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service recessional procession - the group action of a collection of people or animals or vehicles moving ahead in more or less regular formation; "processions were forbidden"
	4.	recession - the act of ceding back ceding back ceding, cession - the act of ceding
	5.	recession - the act of becoming more distant receding withdrawal - the act of withdrawing; "the withdrawal of French troops from Vietnam"

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recession

noun depression, drop, decline, slump, downturn << OPPOSITE boom

Translations

recession [rɪˈsɛʃən] n → recesión f; depresión f

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recession [rɪˈsɛʃən] n (Econ) → récession f

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recession [rɪˈsɛʃən] n (Econ) → Rezession f

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recession [rɪˈsɛʃən] n (ECON) → recessione f