Definitions
from The Century Dictionary.
- noun A cession or granting back; retrocession: as, the recession of conquered territory to its former sovereign.
- noun The act of receding or going back; withdrawal; retirement, as from a position reached or from a demand made.
- noun The state of being put back; a position relatively withdrawn.
from the GNU version of the Collaborative International Dictionary of English.
- noun The act of receding or withdrawing, as from a place, a claim, or a demand.
- noun (Economics) A period during which economic activity, as measured by gross domestic product, declines for at least two quarters in a row in a specific country. If the decline is severe and long, such as greater than ten percent, it may be termed a
depression . - noun A procession in which people leave a ceremony, such as at a religious service.
- noun The act of ceding back; restoration; repeated cession.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun The act or an instance of
receding - noun A period of reduced economic activity
- noun The
ceremonial filing out ofclergy and/or choir at the end of a church service.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service
- noun the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year
- noun a small concavity
- noun the act of becoming more distant
- noun the act of ceding back
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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BLOOMBERG: Whether the term recession, which is a technical term, will be appropriate, I have no idea.
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BLOOMBERG: Whether the term recession, which is a technical term, will be appropriate, I have no idea, but the country is in a-- has some very serious economic problems.
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"These stocks give new meaning to the term recession proof," Cramer said.
unknown title 2011
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"These stocks give new meaning to the term recession proof," Cramer said.
unknown title 2011
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The country is still in recession from a techincal aspect.
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Yes I agree the recession is slowing for the mega rich, but the working middle class has been in recession for over thirty years.
Obama: Figures show recession slowing, despite job report 2009
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Many front line executives felt that the industry took undue advantage of the term recession and even those companies who remained profitable used it to cut expenses and block annual appraisals.
High Attrition among the BPO managers can be observed, post recession : BPO Voice 2009
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He also admitted that, you know, that he said that the term recession is something that economists use.
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BASH (voice-over): An Atlanta town hall, John McCain insisted the term recession matters to economists, not people feeling the pinch, but concede that America is likely in one.
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The term recession or whether we're in one is determined by a group called the National Bureau of Economic Research.
bilby commented on the word recession
"But because political discourse is controlled by people who put the accumulation of money above all other ends, this policy appears to be impossible. Unpleasant as it will be, it is hard to see what except an accidental recession could prevent economic growth from blowing us through Canaan and into the desert on the other side." - 'Bring on the Recession', George Monbiot, 9 Oct 2007.
December 12, 2007
EditorMark commented on the word recession
Don't call two quarters of GDP decline a "traditional" definition of "recession." The recent convention often is rejected as simplistic. A "recession" ends when a decline hits bottom. It doesn’t mean the economy has recovered, says the National Bureau of Economic Research. The NBER defines “recession” as “significant decline in economic activity lasting more than a few months.” It runs from a peak to a trough.
September 12, 2011
bilby commented on the word recession
It's all voodoo anyway.
September 13, 2011