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 from Language, Idioms & Slang Dictionaries & Glossaries
(n.)
The act of receding or withdrawing, as from a place, a claim, or a demand.
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.
Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter. AboutThe act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign.
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]
Gogiliad = n. a slight recession
Hanred = parting off; 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
Recession Definition from Business & Finance Dictionaries & Glossaries
Usually indicated by two consecutive quarters of a falling GDP, which represents a temporary downturn in economic activity.
Copyright © 2000, Campbell R. Harvey. All Rights Reserved.
Definition of this term to be added in next version.
2004 (c) Copyright & Reprint Courtesy of the Dept. of Marketing, Faculty of Business and Economics, Monash University; edited by Mr. Don Bradmore.
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. .
Copyright © 2001, Ray WrightRecession Definition from Social Science Dictionaries & Glossaries
Recession Definition from Encyclopedia Dictionaries & Glossaries
In economics, a recession is a business cycle contraction, a general slowdown in economic activity. Macroeconomic indicators such as GDP, employment, investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise.
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Recession Definition from Society & Culture Dictionaries & Glossaries
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 Entertainment & Music Dictionaries & Glossaries
