definition of
recession

[1] #1 recession n. the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year. wn

[2] #2 recession n. [recess, niche, corner] a small concavity. wn

[3] #3 recession n. [recessional] the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service. wn

[4] #4 recession n. [ceding back] the act of ceding back. wn

[5] #5 recession n. [receding] the act of becoming more distant. wn