Meaning Of The Word Recession

Real Dictionary

What's the definition of Recession? Find Recession meanings, definitions and more at the Real Dictionary online.

Recession Meaning

Recession Definition
Recession Definition

What's The Definition Of Recession?

recession
variable noun: A recession is a period when the economy of a country is doing badly, for example because industry is producing less and more people are becoming unemployed.

recession in American English 1
a going back or receding; withdrawal
noun: the act of receding or withdrawing

recession in American English 2
a ceding back, as to a former owner
noun: a return of ownership to a former possessor

recession in British English 1
noun: a temporary depression in economic activity or prosperity

recession in British English 2
noun: the act of restoring possession to a former owner

recession in Finance
noun: A recession is a decline in economic activity that lasts for two quarters or a year.

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