English dictionary

recession meaning and definition

Definition and meaning of recession at MeaningMonkey.org. recession meaning and definition in the English Dictionary.


Definition of recession (noun)

  1. the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year
    • the company bellied up during the economic recession" 
    • "hundreds of firms went bankrupt during the recession"
    • "the country was plunged into recession"
    • "the world is only slowly emerging from recession" 
  2. a small concavity
  3. the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service
  4. the act of ceding back
  5. the act of becoming more distant
Source: Princeton University Wordnet

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