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 ?
Those who are changing their summer recreation plans to meet the challenges of the economic recession are relying on a variety of techniques to do so.
The subsequent economic recession in part precipitated a reassessment of this position for 2002," the report said.
France's employers' federation warned that Le Pen's economic and social programs would be a disaster for the country and would "provoke profound economic recession.
In the preliminary report, the federation attributed the drop to weak demand amid the prolonged economic recession, a relatively cool summer and warm winter.
6% decline in original equipment (OE) and replacement shipments in 2001, primarily attributable to the economic recession and consumer uncertainty after the September 11th attacks, according to the Rubber Manufacturers Association.
While the economic recession is slowing growth in many sectors of IT, the North American IT outsourcing market is benefiting as companies try to find ways to save expenses, according to Dataquest Inc.
While support for the Kyoto Protocol remains high, I wonder how popular it will be when power rationing, economic recession, and other "side benefits" come into play.
5 million people, of whom 89% are Catholic, Nicaragua has had to face down economic recession and the devastating after-effects of 1998 hurricane Mitch.
Nothing could more dramatically impact how health services are provided than a major economic recession that adversely affects the stock market and causes a sizeable increase in personal bankruptcies.
LONDON--In these gloomy times of economic recession, the Royal Academy of Dancing (RAD), one of the world's largest ballet examining boards, has some bright news.
In these times of declining real estate values and severe economic recession, situations arise in which debt is restructured and ultimately reduced in amount.

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