Dictionary

1recession

noun re·ces·sion \ri-ˈse-shən\

Definition of RECESSION

1
:  the act or action of receding :  withdrawal
2
:  a departing procession (as of clergy and choir at the end of a church service)
3
:  a period of reduced economic activity
re·ces·sion·ary \-shə-ˌner-ē\ adjective
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First Known Use of RECESSION

circa 1652

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

2recession

noun re·ces·sion \(ˌ)rē-ˈse-shən\

Definition of RECESSION

:  the act of ceding back to a former possessor

Origin of RECESSION

re- + cession
First Known Use: 1828
RECESSION Defined for Kids

recession

noun re·ces·sion \ri-ˈse-shən\

Definition of RECESSION for Kids

:  a period of reduced business activity
Medical Dictionary

recession

noun re·ces·sion \ri-ˈsesh-ən\

Medical Definition of RECESSION

:  pathological withdrawal of tissue from its normal position <advanced gum recession>

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2 ENTRIES FOUND:
Next Word in the Dictionary: recessional (adjective)Previous Word in the Dictionary: recesserAll Words Near: recession
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