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“recession”
1. A period, shorter than an economic depression, during which there is a decline in commercial trade and prosperity: Many people have lost their jobs during the recent recession.
3. The process of going back or becoming more distant: The people in the community were happy to see the recession of the floodwaters.
A recession is considered by some economists as the period between when financial conditions have reached their peaks and then declined to their lowest levels.
2. The withdrawal of participants in a ceremony: The clergy and the choir left in a recession after the church service.3. The process of going back or becoming more distant: The people in the community were happy to see the recession of the floodwaters.
This entry is located in the following units:
-cede, -ceed, -cess, -cease
(page 6)
-sion, -sions
(page 8)
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“recession”
recession
Movement of a celestial object away from the observer, or from another celestial object.
This entry is located in the following unit:
Astronomy and related astronomical terms
(page 21)