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Meaning & Definition of Recession in English

English

Recession

/rɪsɛʃən/

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
synonym:
  • recession

2. A small concavity

synonym:
  • recess,
  • recession,
  • niche,
  • corner

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

synonym:
  • recession,
  • recessional

4. The act of ceding back

synonym:
  • recession,
  • ceding back

5. The act of becoming more distant

synonym:
  • receding,
  • recession

Examples of using

Even though we're supposedly in a recession, people are traveling abroad in record numbers this Golden Week holiday.
This increase in unemployment is a consequence of the recession.