recession

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recession:

see depressiondepression,
in economics, period of economic crisis in commerce, finance, and industry, characterized by falling prices, restriction of credit, low output and investment, numerous bankruptcies, and a high level of unemployment.
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recession

a period of lower than average economic growth.

recession

[ri′sesh·ən]
(geology)
The backward movement, or retreat, of an eroded escarpment.
A continuing landward movement of a shoreline or beach undergoing erosion. Also known as retrogression.
The withdrawal of a body of water (as a sea or lake), thereby exposing formerly submerged areas.
(hydrology)
The gradual upstream retreat of a waterfall.

recession

1. Economics a temporary depression in economic activity or prosperity
2. Religion the withdrawal of the clergy and choir in procession from the chancel at the conclusion of a church service
References in periodicals archive ?
Although there has been a sharp decrease in production due to the global economic depression and oversupply of solar cells from 2011, it is expected that the market will begin to grow from 2013 and be reinstated to its former level in 2014.
Well, I guess, given the economic depression ravaging Greece, we can agree that, yes, perhaps Greeks have been really sincere in helping the refugees.
In his current role as Managing Director of Heineken Portugal, he helped mobilize and energize the organization during an economic depression, according to a press release.
But this business was well established, and its optimism would prove well founded, at least for a number of years beyond the country's economic depression.
The records cover the years 1899-1934, which includes the First World War, the 1926 General Strike and the economic depression of the 1930s.
Lord King claimed his actions, alongside ex-chair of the Federal Reserve Ben Bernanke, prevented a repeat of the economic depression of the 1930s in Britain and the US.
He stressed that his government, which stepped down in July, had placed all its effort to "stop and reverse the negative trends" in a situation of "a profound institutional crisis", and economic depression and "disintegration in society.
The inherent logic of what Bokassa says is missed most, though it's the essence of what President Franklin Roosevelt and his New Deal used in the 1930s to fight the hunger, the unemployment and the economic depression that were then killing the spirits of men and women.
In October 1929 the stock market crashed, 40 percent of the paper values of common stock crashed with it, and the nation was soon plunged into its greatest economic depression.
Firms such as Akyol Gullotta Kamps, blauraum, or Fusi & Ammann, are surviving an economic depression with competition entries and small projects, supplemented by lecturing posts.
The income gap grew larger because of the long economic slump of the 1990s, and then by the lowering of the maximum income tax rate adopted in 1999 to fight the economic depression.

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