the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year
recess, recession, niche, corner(noun)
a small concavity
the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service
recession, ceding back(noun)
the act of ceding back
the act of becoming more distant
(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.
A procession in which people leave a ceremony, such as at a religious service.
Origin: [L. recessio, fr. recedere, recessum. See Recede.]
The act or an instance of receding
A period of reduced economic activity
Statisticians often define a recession as negative, real GDP growth during two consecutive quarters.
The ceremonial filing out of clergy and/or choir at the end of a church service.
Origin: Recorded since 1929, from recess + -ion, from recessus, from recessum, the past participle of recedere, from re- + cedere
the act of receding or withdrawing, as from a place, a claim, or a demand
the act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign
Origin: [Pref. re- + cession.]
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 Dictionary
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.
rē-sesh′un, n. a ceding or giving back.
British National Corpus
Spoken Corpus Frequency
Rank popularity for the word 'recession' in Spoken Corpus Frequency: #2728
Written Corpus Frequency
Rank popularity for the word 'recession' in Written Corpus Frequency: #2825
Rank popularity for the word 'recession' in Nouns Frequency: #1139
The numerical value of recession in Chaldean Numerology is: 7
The numerical value of recession in Pythagorean Numerology is: 8
Examples of recession in a Sentence
Healthcare is recession proof.
Top art is irresistible and recession-proof.
The fear is we're headed for global recession.
I don't see a recession on the horizon at all.
We have yet to recover from the great recession.
Popularity rank by frequency of use
Translations for recession
From our Multilingual Translation Dictionary
- تراجع, ركود اقتصاديArabic
- رکود اقتصادیPersian
- taantuma, laskusuhdanne, taantuminenFinnish
- נסיגה, מיתוןHebrew
- 不況, 衰退, 退去Japanese
- recessie, terugtrekking, uittredeprocessie, terugtochtDutch
- recesiune, retragere, îndepărtare, recesieRomanian
- спад, рецессияRussian
- recession, lågkonjunkturSwedish
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