Recession
volume
British pronunciation/ɹɪsˈɛʃən/
American pronunciation/ˌɹiˈsɛʃən/, /ɹɪˈsɛʃən/

Definition & Meaning of "recession"

Recession
01

a hard time in a country's economy characterized by a reduction in employment, production, and trade

02

the act of moving away from a point to the state of becoming faint or distant

03

a part of a structure that is slowly losing its strength and falling

04

the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service

05

a small concavity

example
Example
examples
The economy hit a recession last year.
Financial difficulties pulled apart many families during the recession.
The economic recession gave rise to widespread unemployment.
A decline in economic indicators may betoken an impending recession.
The economic recession clogged the growth of small businesses in the region.
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