recession

¹

[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

²

[ree-sesh-uhn]

noun

1. a return of ownership to a former possessor.

recession

¹

/ 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

²

/ riːˈsɛʃən /

noun

1. the act of restoring possession to a former owner

recession

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

Word History and Origins

Origin of recession¹

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

Origin of recession²

First recorded in 1885–90; re- + cession

Word History and Origins

Origin of recession¹

C17: from Latin recessio ; see _recess

Origin of recession²

C19: from _re- + _cession

Example Sentences

Read on: If New York or California enter a recession, the entire U.S. economy would be next.

Read more on MarketWatch

The traditional pattern for California’s economy, Levy said, was that when the nation was in recession, California would be hurt worse — but when the U.S. economy grew, California’s economy would grow faster.

Read more on MarketWatch

Gold has surged past $4,000 an ounce without a recession or a crisis in private equity or credit, things that would spur the Fed to flood the financial system once again, Rosenberg says.

Read more on Barron's

“What investors are most worried about is this trade war along with softening employment trends resulting in a recession.”

Read more on The Wall Street Journal

This three-year rally has overcome the headwinds of high interest rates, recession warnings, tariff and political uncertainty, and myriad regional conflicts that would have stopped virtually every other bull market dead in its tracks.

Read more on Barron's

Related Words

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