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
re·ces′·sion·ar′y adjective
recession²
Definition
recession
Synonyms
recession
n.
A retreat
withdrawal, collapse, return, reversal; see retreat 1.An economic decline
slump, economic downturn, slowdown; see bankruptcy, depression 3.
recession Finance Definition
A
period of slow economic growth. Defined by economists as two consecutive
quarters of negative gross domestic product.
recession
Usage Examples
Converse of object
- precipitate: Many people believe house prices started to fall sharply from 1989 onwards, precipitating recession.
- deepen: In Britain the job losses threatened in British shipbuilding yards are an even more tangible proof of a deepening recession.
- loom: These risks are only enhanced by the looming recession.
- suffer: In the early 1960s the country suffered an economic recession.
Adjective modifier
- supply-side: The bust in the property bubble fed into the supply-side recession.
- full-blown: But many others see a temporary and milder reaction and a narrow escape from full-blown recession.
- impending: BOC is concerned with a falling rate of profit in the conditions of the impending recession.
- glacial: A glacial recession has occurred during the 20 th century.
- outright: But it is doubtful if it can avoid at least some check to growth or even outright recession such circumstances.
- prolonged: Japan's prolonged recession has left Japan studies in a becalmed state.
Modifies a noun
- velocity: To find Hubble's constant we have to apply Hubble's law to objects whose distances and recession velocities are already known.
Noun used with modifier
- gingival: Researchers analyzed the case of a 26-year-old female who had localized gingival recession around the area of her lip piercing.
- gum: The sensitivity may be caused by a loose filling or by minimal gum recession which exposes small areas of the root surface.
- valve: The actual problem we have to consider is valve seat recession, which is where the valve sinks into the head.
- cliff: Cliffs increase slightly in height eastward and landsliding rather than rockfall becomes increasingly evident as the major cliff recession process.
- 1990s: The deficit shrunk in the early 1990s recession and during 3-4 years of exchange rate weakness between 1993-96.
- manufacturing: The figures show three consecutive quarters of falling manufacturing output, the manufacturing recession in Scotland.
Preposition: in
- 1990s: This marked the fifth monthly rise in a row and the longest upward run since the UK was in recession in the early 1990s.
Preposition: of
- 1990s: In 1992 the economy was only just emerging from the deep recession of the early 1990s.
- 1980s: There was a marked rise during the recession of the early 1980s.
recession Quotes
Recession is when your neighbour loses his job. Depression is when you lose yours. SeeTruman 868:38.
It's a recession when your neighbour loses his job; it's a depression when you lose yours. See Reagan 680:55.
Browse dictionary entries near recession
- recess
- receptor
- receptive
- receptionist
- reception room
- reception
- receptacle
- recently
- recent
- recension
- recessional
- recessive
- recharge
- recherché
- recidivism
- recidivist
- Recife
- recipe
- recipient
- reciprocal
