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 ?
Despite the economic slowdown, organisers are still optimistic that retail sales will pick up as more is being spent on marketing and advertising.
Ultimately, many local businesses are better placed than most to ride out the turbulent market conditions, but some, particularly those in the construction and retail sectors, will feel that if the current economic slowdown continues to gather pace, interest rate cuts will be required in order to head off a full-blown recession.
The possibility for some economic slowdown in Europe going forward is what we have been afraid of.
Likelihood of an economic slowdown in the UK next year has increased in the wake of recent interest rate rises and this has taken its toll on UK firms.
Other than the world economic slowdown, global stock market declines and sluggish corporate merger and acquisition activities were also responsible for the sharp drop in foreign direct investments, the UNCTAD report said.
The movement has slowed down a little because of September 11 and the global economic slowdown, as well as worry about terrorism, but the students vow to fight on.
The economic slowdown has had a negative impact on all segments in the software market, and the customer relationship management (CRM) software market is no exception.
However, there were already signs in 2000 of an economic slowdown in all three of the world's largest economies - the U.
The wider economic slowdown, meanwhile, has trimmed the amount of industrial scrap that flows into the yards of processors.
Analysts project that Mexican brewer Grupo Modelo will report higher third-quarter profits, with solid export pricing expected to counterbalance the impact of economic slowdown.
LOGISTICS group Hays has attempted to brush aside concerns about economic slowdown after revealing that its personnel arm had an "exceptional" year.
But less likely suspects would be equally hard hit by an economic slowdown in the U.