recession
(noun)
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
Definition categories: state
2. a small concavity
Similar word(s): corner, niche, recess
Definition categories: shape, concavity, incurvation, incurvature
3. the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service
Similar word(s): recessional
Definition categories: group, procession
4. the act of ceding back
Definition categories: act, ceding, cession
5. the act of becoming more distant
Similar word(s): receding
Definition categories: act, withdrawal
Sentences with recession as a noun:
- Statisticians often define a recession as negative, real GDP growth during two consecutive quarters.