recession
n. slow economy, period characterized by a decline in the gross domestic product during two or more consecutive quarters; ebb, decline; withdrawal, act of receding | ||||
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Recession definition was found in categories: Business & Finance(3) Language, Idioms & Slang(4) Entertainment & Music(1) Social Science(1) Society & Culture(1) Encyclopedia(1)
Recession Definition from Business & Finance Dictionaries & Glossaries
| Campbell R. Harvey's Hypertextual Finance Glossary |
Recession
Usually indicated by two consecutive quarters of a falling GDP, which represents a temporary downturn in economic activity.
Usually indicated by two consecutive quarters of a falling GDP, which represents a temporary downturn in economic activity.
| MONASH Marketing Dictionary |
Recession
Definition of this term to be added in next version.
Definition of this term to be added in next version.
| Raynet Business & Marketing Glossary |
Recession
when the the business or trade cycle is contracting; in the trough rather than at the peak; specifically, a decline in GDP for two or more consecutive quarters. .
when the the business or trade cycle is contracting; in the trough rather than at the peak; specifically, a decline in GDP for two or more consecutive quarters. .
Recession Definition from Language, Idioms & Slang Dictionaries & Glossaries
| Webster's Revised Unabridged Dictionary (1913) |
Recession
(n.)
The act of receding or withdrawing, as from a place, a claim, or a demand.
(n.)
The act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign.
(n.)
The act of receding or withdrawing, as from a place, a claim, or a demand.
(n.)
The act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign.
| WordNet 2.0 |
recession
Noun
1. the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year
(hypernym) financial condition, economic condition
2. a small concavity
(synonym) recess, niche, corner
(hypernym) concave shape, concavity, incurvation, incurvature
(hyponym) pharyngeal recess
3. the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service
(synonym) recessional
(hypernym) procession
4. the act of ceding back
(synonym) ceding back
(hypernym) cession, ceding
(derivation) recede, fall back, retire
5. the act of becoming more distant
(synonym) receding
(hypernym) withdrawal
(derivation) recede
Noun
1. the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year
(hypernym) financial condition, economic condition
2. a small concavity
(synonym) recess, niche, corner
(hypernym) concave shape, concavity, incurvation, incurvature
(hyponym) pharyngeal recess
3. the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service
(synonym) recessional
(hypernym) procession
4. the act of ceding back
(synonym) ceding back
(hypernym) cession, ceding
(derivation) recede, fall back, retire
5. the act of becoming more distant
(synonym) receding
(hypernym) withdrawal
(derivation) recede
| hEnglish - advanced version |
recession
recession
\re*ces"sion\ (?), n. [l. recessio, fr. recedere, recessum. see recede.] the act of receding or withdrawing, as from a place, a claim, or a demand. mercy may rejoice upon the recessions of justice. taylor.
recession
\re*ces"sion\, n. [pref. re- + cession.] the act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign.
recession
n
1. the state of the economy declines; a widespread decline in the gdp and employment and trade lasting from six months to a year
2. a small concavity [syn: recess, niche, corner]
3. the act of ceding back [syn: ceding back]
4. a act of becoming more distant [syn: receding]
recession
\re*ces"sion\ (?), n. [l. recessio, fr. recedere, recessum. see recede.] the act of receding or withdrawing, as from a place, a claim, or a demand. mercy may rejoice upon the recessions of justice. taylor.
recession
\re*ces"sion\, n. [pref. re- + cession.] the act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign.
recession
n
1. the state of the economy declines; a widespread decline in the gdp and employment and trade lasting from six months to a year
2. a small concavity [syn: recess, niche, corner]
3. the act of ceding back [syn: ceding back]
4. a act of becoming more distant [syn: receding]
| JM Welsh <=> English Dictionary |
Gogiliad
Gogiliad = n. a slight recession
Gogiliad = n. a slight recession
Hanred
Hanred = parting off; recession
Recession Definition from Entertainment & Music Dictionaries & Glossaries
| English to Federation-Standard Golic Vulcan |
Recession
satrashan
satrashan
| A Glossary of Political Economy Terms |
Recession
See: depression , business cycle , unemployment rate , fiscal policy , monetary policy , Phillips' curve .
See: depression , business cycle , unemployment rate , fiscal policy , monetary policy , Phillips' curve .
Recession Definition from Society & Culture Dictionaries & Glossaries
| Social Work in Canada |
Recession
a period, often defined as two economic quarters or 6 months, shorter than a depression, during which there is a decline in economic trade and prosperity.
a period, often defined as two economic quarters or 6 months, shorter than a depression, during which there is a decline in economic trade and prosperity.
Recession Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Recession
<references/> ''' In macroeconomics, a recession is a decline in any country's Gross Domestic Product (GDP), or negative real economic growth, for two or more successive quarters of a year. However, this definition is not universally accepted. The National Bureau of Economic Research defines a recession more ambiguously as "a significant decline in economic activity spread across the economy, lasting more than a few months." A recession may involve simultaneous declines in coincident measures of overall economic activity such as employment, investment, and corporate profits. Recessions may be associated with falling prices (deflation), or, alternatively, sharply rising prices (inflation) in a process known as stagflation. A severe or long recession is referred to as an economic depression. A devastating breakdown of an economy is called economic collapse. Newspaper columnist Sidney J. Harris amusingly distinguished terms this way: a recession is when you lose your job; a depression is when I lose mine.
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