Resesyon (en. Recession)
re-se-syon
Meaning & Definition
EnglishTagalog
noun
A period when the economy declines and there is a reduction in production and jobs.
During a recession, many businesses close down.
Sa panahon ng resesyon, maraming negosyo ang nagsasara.
Refers to the contraction of the value of goods and services in the market.
The recession causes prices of products to drop.
Ang resesyon ay nagdudulot ng pagbaba ng presyo ng mga produkto.
A phase in the economic cycle where GDP declines for two or more consecutive quarters.
According to economists, the country is in a recession where GDP has fallen for consecutive quarters.
Ayon sa mga ekonomista, ang bansa ay nasa resesyon na kung saan ang GDP ay bumaba sa sunod-sunod na kwarter.
Etymology
Derived from the English word 'recession'.
Common Phrases and Expressions
Recession period
A period when the economy is declining.
Panahon ng resesyon
Sunk into recession
The state of a country's economic decline.
Lumubog sa resesyon
Related Words
economy
The system of production, distribution, and consumption of goods and services in a country.
ekonomiya
crisis
A severe situation in the economy that causes financial problems.
krisis
Slang Meanings
A time of hardship
It feels like we're in a recession again; life is getting harder.
Parang resesyon na naman, lalo bang humihirap ang buhay.
Stagnation of progress
Because of the recession, it seems businesses have halted their growth.
Dahil sa resesyon, tila nagtigil ang mga negosyo sa pag-unlad.
Lack of money
The recession has started; we're running low on cash.
Nagsimula na ang resesyon, nagkukulang na kami sa pera.