recession

¹

[ree-sesh-uhn]

noun

1. a return of ownership to a former possessor.

recession

²

[ri-sesh-uhn]

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.

recession

¹

/ riːˈsɛʃən /

noun

1. the act of restoring possession to a former owner

recession

²

/ 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

recession

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

Word History and Origins

Origin of recession¹

First recorded in 1885–90; re- + cession

Origin of recession²

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

Word History and Origins

Origin of recession¹

C19: from _re- + _cession

Origin of recession²

C17: from Latin recessio ; see _recess

Example Sentences

However, he still thinks that the U.S. will avoid a recession.

Read more on Barron's

“If you take a fragile labor market and you kick it with a capex bust, you’re probably going to get a recession out of it.”

Read more on The Wall Street Journal

In an interview with Salon, Romman said that Georgia is ready for change, citing reporting from Moody’s Analytics’ Mark Zandi that 22 states, Georgia among them, are already in a recession.

Read more on Salon

After two years of recession due to an industrial slump and weak demand, Chancellor Friedrich Merz earlier this year promised a barrage of measures, including a public spending blitz, to reboot Europe's top economy.

Read more on Barron's

This, time may, in fact, be different—we may have a more sustained selloff driven by a recession, a geopolitical crisis, or even stagflation.

Read more on Barron's

Related Words

• bankruptcy 
• collapse 
• decline 
• deflation 
• downturn 
• hard times www.thesaurus.com
• inflation 
• shakeout 
• slide 
• slump 
• stagnation 
• unemployment