Recession

Origin

Recorded since 1929, from recess + -ion, from Latin recessus ("a going back, retreat"), from recessum, the past participle of recedere ("to recede"), from re- ("back") + cedere ("to go")

Full definition of recession

Noun

1. The act or an instance of receding or withdrawing.
• Jeremy TaylorMercy may rejoice upon the recessions of justice.
2. A period of reduced economic activity''Statisticians often define a recession as negative, real GDP growth during two consecutive quarters.
3. The ceremonial filing out of clergy and/or choir at the end of a church service.

Synonyms

• receding withdrawal
• ceremonial return procession

Antonyms

• (period of reduced economic activity) boom

Derived terms

• recessionary
• recessionista