recession

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[edit] English

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[edit] Etymology

Recorded since 1929, from recess + -ion, from Latin recessus (a going back, retreat), from recessum, the past participle of recedere (to recede), from re- (back) + cedere (to go)

[edit] Noun

recession (plural recessions)

  1. The act or an instance of receding
  2. A period of reduced economic activity
    Statisticians often define a recession as negative, real GDP growth during two consecutive quarters.
  3. The ceremonial filing out of clergy and/or choir at the end of a church service.

[edit] Synonyms

[edit] Antonyms

  • (period of reduced economic activity): boom

[edit] Derived terms

[edit] Translations

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