Recession - Definition

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, recession, niche,
corner]
3: the withdrawal of the clergy and choir from the chancel to
the vestry at the end of a church service [syn: recession,
recessional]
4: the act of ceding back [syn: recession, ceding back]
5: the act of becoming more distant [syn: receding,
recession]

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