Definition of Recession

Noun: recession  ri'se-shun

1. The state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year
    
2. A small concavity
   - recess, niche, corner
    
3. The withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service
   - recessional
    
4. The act of ceding back
   - ceding back
    
5. The act of becoming more distant
   - receding

See also:
recessing
recessional

Anagrams containing the word recession

riesosenc nrecessio onrecessi ionrecess sionreces ssionrece essionrec cessionre ecessionr