recession

¹ American  

[ree-sesh-uhn] / riˈsɛʃ ən /

noun

1. a return of ownership to a former possessor.

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recession ² American  

[ri-sesh-uhn] / rɪˈsɛʃ ən /

noun

1. the act of receding recede or withdrawing.

2. a receding recede part of a wall, building, etc.

3. a withdrawing procession, as at the end of a religious service.

4. Economics. a period of an economic contraction, sometimes limited in scope or duration.

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recession ¹ British  

/ riːˈsɛʃən /

noun

1. the act of restoring possession to a former owner

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recession ² British  

/ rɪˈsɛʃən /

noun

1. a temporary depression in economic activity or prosperity

2. the withdrawal of the clergy and choir in procession from the chancel at the conclusion of a church service

3. the act of receding

4. a part of a building, wall, etc, that recedes

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recession Cultural  

1. A general business slump, less severe than a depression.

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Etymology

Origin of recession¹

First recorded in 1885–90; re- + cession

Origin of recession¹

First recorded in 1640–50, recession is from the Latin word recessiōn- (stem of recessiō ). See recess, -ion

Example Sentences

He reasons that when a cycle-ending catalyst does appear—whether tighter monetary policy, recession, runaway inflation, an asset bubble bursting, or global shock—there have always been distinct warning signs.

From Barron's

Rosenberg said the collapse of the labor market and a subsequent recession will force the Fed to cut rates by 125 basis points to 2.25% by the end of the year.

From MarketWatch

That highlights the next big risk: not that the U.S. will sink into recession, but that growth will be stronger than the 1.8% that economists expect.

From Barron's

That could change quickly during a market downturn, however, leading to a scenario where a drop in the stock market could push the economy into a recession, Ablin said.

From The Wall Street Journal

Some investors say they don’t expect Abel to make any big investments until a large market decline or recession brings stocks down from historically expensive levels.

From The Wall Street Journal

Related Words

• bankruptcy
• collapse
• decline
• deflation
• downturn
• hard times
• inflation
• shakeout
• slide
• slump
• stagnation
• unemployment