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recession
recession1 definition
re·ces·sion (ri ses̸h′ən)
noun
- a going back or receding; withdrawal
- a procession leaving a place of assembly
- a receding part, as of a wall
- 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:
- recessionary re·ces′·sion·ar′y adjective
recession2 definition
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