recession
re
ri:
ri
ce
se
ssion
ʃən
shēn
British pronunciation
/ɹɪsˈɛʃən/

Definition & Meaning of "recession"in English

Recession
01

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

example
Examples
During the recession, many businesses were forced to close, leading to widespread job losses.
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

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