recession

¹

[ri-sesh-uhn]

noun

1. the act of receding recede or withdrawing.

2. a receding recede part of a wall, building, etc.

3. a withdrawing procession, as at the end of a religious service.

4. Economics.,  a period of an economic contraction, sometimes limited in scope or duration.

recession

²

[ree-sesh-uhn]

noun

1. a return of ownership to a former possessor.

recession

¹

/ rɪˈsɛʃən /

noun

1. a temporary depression in economic activity or prosperity

2. the withdrawal of the clergy and choir in procession from the chancel at the conclusion of a church service

3. the act of receding

4. a part of a building, wall, etc, that recedes

recession

²

/ riːˈsɛʃən /

noun

1. the act of restoring possession to a former owner

recession

1. A general business slump, less severe than a depression.

Word History and Origins

Origin of recession¹

First recorded in 1640–50, recession is from the Latin word recessiōn- (stem of recessiō ). See recess, -ion

Origin of recession²

First recorded in 1885–90; re- + cession

Word History and Origins

Origin of recession¹

C17: from Latin recessio ; see _recess

Origin of recession²

C19: from _re- + _cession

Example Sentences

“Electricity costs are up, job creation is down and Republicans are driving the economy toward a recession,” Jeffries said in a post on X.

From Salon

On Friday, the government said job growth had cratered, pointing to recession.

From Los Angeles Times

For now, Zillow is forecasting that the economy will avoid a recession and that home prices will decline only slightly.

From Los Angeles Times

“Manufacturing is in recession. Retail is holding on by its thumbs,” he said.

From Salon

Economic fallout from the 1990s recession and 1994 Northridge earthquake, as well as competition from more modern shopping centers, helped end Valley Plaza’s run.

From Los Angeles Times

Related Words

• bankruptcy 
• collapse 
• decline 
• deflation 
• downturn 
• hard times www.thesaurus.com
• inflation 
• shakeout 
• slide 
• slump 
• stagnation 
• unemployment