recession

1 of 2

noun (1)

re·​ces·​sion ri-ˈse-shən 

plural recessions

1

: the act or action of receding : withdrawal

the recession of floodwaters

The exposed roots of teeth, commonly caused by gum recession, can be protected by using a composite resin in combination with an adhesive resin.

—American Dental Association

2

economics : a period of significantly reduced general economic activity that is marked especially by declines in employment and production and that lasts more than a few months

The country is in a recession.

a period of economic recession

The spurt of economic growth that usually follows recessions isn't in sight this time.

—David Wessel

compare depression sense 2a

3

: a departing procession (as of clergy and choir at the end of a church service)

recessionary

ri-ˈse-shə-ˌner-ē 

adjective

recession

2 of 2

noun (2)

re·​ces·​sion (ˌ)rē-ˈse-shən 

: the act of ceding back to a former possessor

Synonyms

Noun (1)

• depression
• slump

Examples of recession in a Sentence

Noun (1)

the country is just coming out of a recession, so expect to see fewer layoffs and more new jobs in the coming year

a retiring CEO making a gradual recession from the daily rigors of running a major corporation

Recent Examples on the Web

Noun

Trump said his administration spent the necessary money so the economy didn’t fall into another recession, recalling the Great Depression. —Eleanor Pringle, Fortune, 28 June 2024

With New Zealand experiencing a second recession in less than two years, employers in neighbouring Australia are trying to lure New Zealanders with offers of higher pay and better working conditions. —Chas Newkey-Burden, The Week Uk, theweek, 26 June 2024

Getting carbon dioxide emissions below 10 billion tons per year in 2050 would demand inducing recessions that would cut world GDP per capita by about 5 percent per year — more than the loss during the 2008-2009 Great Recession. —Editorial Board, Washington Post, 21 June 2024

Most economists have blamed a confluence of factors that include acute supply chain disruptions — and resulting shortages — sparked by the economic slowdown during the pandemic, alongside aggressive fiscal and monetary stimulus enacted to prevent a recession. —Rob Wile, NBC News, 21 June 2024

Word History

Etymology

Noun (2)

re- + cession

First Known Use

Noun (1)

1630, in the meaning defined at sense 1

Noun (2)

1828, in the meaning defined above

Phrases Containing recession

• anti-recession
• pre-recession

Kids Definition

recession

noun

re·​ces·​sion

ri-ˈsesh-ən

1

: the act or fact of receding or withdrawing

2

: a group of individuals departing in an orderly often ceremonial way

3

: a downward turn in business activity

also : the period of such a downward turn

Medical Definition

recession

noun

re·​ces·​sion ri-ˈsesh-ən 

: pathological withdrawal of tissue from its normal position

advanced gum recession