Definitions for Recession
rɪˈsɛʃ ənre·ces·sion

Princeton's WordNetRate this definition:0.0 / 0 votes

1. recessionnoun

   the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year

2. recess, recession, niche, cornernoun

   a small concavity

3. recession, recessionalnoun

   the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service

4. recession, ceding backnoun

   the act of ceding back

5. receding, recessionnoun

   the act of becoming more distant

GCIDERate this definition:0.0 / 0 votes

1. Recessionnoun

   (Economics) A period during which economic activity, as measured by gross domestic product, declines for at least two quarters in a row in a specific country. If the decline is severe and long, such as greater than ten percent, it may be termed a depression.

2. Recessionnoun

   A procession in which people leave a ceremony, such as at a religious service.

WiktionaryRate this definition:0.0 / 0 votes

1. recessionnoun

   The act or an instance of receding

2. recessionnoun

   A period of reduced economic activity

   Statisticians often define a recession as negative, real GDP growth during two consecutive quarters.

3. recessionnoun

   The ceremonial filing out of clergy and/or choir at the end of a church service.

4. Etymology: Recorded since 1929, from recess + -ion, from recessus, from recessum, the past participle of recedere, from re- + cedere

Samuel Johnson's DictionaryRate this definition:0.0 / 0 votes

1. Recessionnoun

   The act of retreating.

   Etymology: recessio, Lat.

WikipediaRate this definition:0.0 / 0 votes

1. Recession

   In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock, the bursting of an economic bubble, or a large-scale anthropogenic or natural disaster (e.g. a pandemic). In the United States, a recession is defined as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales." The European Union has adopted a similar definition. In the United Kingdom, a recession is defined as negative economic growth for two consecutive quarters.Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply and decreasing interest rates or increasing government spending and decreasing taxation.

ChatGPTRate this definition:0.0 / 0 votes

1. recession

   A recession is a significant decline or downturn in economic activity that lasts for an extended period of time, typically characterized by high unemployment rates, a fall in Gross Domestic Product (GDP), reduced consumer spending, and a drop in the stock market. It is generally recognized when an economy suffers two consecutive quarters of negative GDP growth.

Webster DictionaryRate this definition:0.0 / 0 votes

1. Recessionnoun

   the act of receding or withdrawing, as from a place, a claim, or a demand

2. Recessionnoun

   the act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign

3. Etymology: [Pref. re- + cession.]

WikidataRate this definition:0.0 / 0 votes

1. Recession

   In economics, a recession is a business cycle contraction, a general slowdown in economic activity. Macroeconomic indicators such as GDP, employment, investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise. Recessions generally occur when there is a widespread drop in spending. This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock or the bursting of an economic bubble. Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.

Chambers 20th Century DictionaryRate this definition:0.0 / 0 votes

1. Recession

   rē-sesh′un, n. act of receding: withdrawal: the state of being set back.—adjs. Reces′sional; Recess′ive.—adv. Recess′ively.—n. Recess′us, a recess.

2. Recession

   rē-sesh′un, n. a ceding or giving back.

Matched Categories

1. • Concave Shape
   • Economic Condition
   • Procession
   • Withdrawal

British National Corpus

1. Spoken Corpus Frequency

   Rank popularity for the word 'Recession' in Spoken Corpus Frequency: #2728

2. Written Corpus Frequency

   Rank popularity for the word 'Recession' in Written Corpus Frequency: #2825

3. Nouns Frequency

   Rank popularity for the word 'Recession' in Nouns Frequency: #1139

How to pronounce Recession?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say Recession in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of Recession in Chaldean Numerology is: 7

2. Pythagorean Numerology

   The numerical value of Recession in Pythagorean Numerology is: 8

Examples of Recession in a Sentence

1. Zak Summerscale:

   The biggest risk is a significant recession. What really brings high yield crashing down on a fundamental basis is a significant recession.

2. Lawrence De Maria:

   There is limited visibility on how long the recession lasts.

3. Ross Mayfield:

   It’s been pretty impressive how well the consumer has held up over the past 18 months, and not pulling the rug out from under the consumer is pretty much how you get to the soft landing, i think it’s a really, really narrow path, and the Fed’s tone [during its December meeting] doesn’t give me a lot of optimism that they can navigate that without hitting a recession. … If a soft landing is avoiding a recession altogether, then I think that’s a pretty tough task. If it’s a milder recession than recent history, I think that’s still in the cards.

4. John Johnston:

   We're really breaking some really key levels. It's a sign that we're in a very severe correction. It's being driven by a continued slowdown in the global production cycle, which is so important for the demand for commodities, unless they start to stabilize and turn up, they could become a big problem. I'm starting to get worried they're going to drag the global economy into a recession.

5. Richard Branson:

   This country is going to go into recession. Two of the worst days ever - banks have been pounded means they are not going to lend money, we're going to go into recession.

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=Recession
2. ^ GCIDE
   https://gcide.gnu.org.ua/?q=Recession
3. ^ Wiktionary
   https://en.wiktionary.org/wiki/Recession
4. ^ Samuel Johnson's Dictionary
   https://johnsonsdictionaryonline.com/views/search.php?term=Recession
5. ^ Wikipedia
   https://en.wikipedia.org/wiki/Recession
6. ^ ChatGPT
   https://chat.openai.com
7. ^ Webster Dictionary
   https://www.merriam-webster.com/dictionary/Recession
8. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=Recession
9. ^ Chambers 20th Century Dictionary
   https://www.gutenberg.org/files/37683/37683-h/37683-h.htm#:~:text=Recession