recession Hear it!

recession1 definition

re·ces·sion (ri ses̸h′ən)

noun

  1. a going back or receding; withdrawal
  2. a procession leaving a place of assembly
  3. a receding part, as of a wall
  4. Econ. a temporary falling off of business activity during a period when such activity has been generally increasing

Etymology: L recessio < pp. of recedere: see recede

Related Forms:

recession2 definition

re·ces·sion (rē ses̸h′ən)

noun

a ceding back, as to a former owner

Etymology: re- + cession

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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