recession
recession
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.
The government implemented measures to stimulate the economy and help mitigate the effects of the recession.
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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