recession

(redirected from Economic depression)
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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 ?
There was economic depression in the 1930s, spivs and a crimewave in the blackout, teddy boy gangs in the 50s, mods and rockers riots in the 60s.
FEW topics seem more natural and, sadly, timelier than American religion in bad economic times, our own or the economic depression of the 1930s.
In periods of economic depression and social upheaval we will always end up with social disorder but things can be different.
Chapters discuss the rampant development schemes of the late twentieth century that, in the new era of economic depression and narco-violence, have left beaches crowded with derelict high rise condominiums and bull-dozed and abandoned building sites, as well as widespread pollution, cultural and environmental damage wrought in the name of homeland security and the machinations of energy corporations maneuvering to avoid regulation.
So they are in no position to pay extra interest to fatten the profits of the greedy, incompetent banks who caused this vicious downward spiral of economic depression.
The economic depression of the years 2008-2009 is associated with the recession, sometimes it is identified with the economic crisis.
People in the most deprived areas are much more likely to die younger than those in the richest, and things are no better than during the economic depression of the 1930s, the study found.
Kabbun predicted that last year's economic depression would still be affecting the insurance market this year and next, and the market could begin to recover only in the second half of 2011.
We'd better know what to do in the event of a deadly viral pandemic, major asteroid strike, unprecedented hyperinflationary (or deflationary) economic depression, third World War, or any other global disaster, Rawles argues.
THE DUST BOWL was a term used for the confluence of drought, misuse of land, wind erosion and economic depression that occurred in the U.S.
Yilmaz said the recent global economic downturn was the worst since the Great Depression, the severe worldwide economic depression in the decade preceding World War II.
But with global economic depression averted by the introduction of government stimulus packages and early signs of recovery becoming apparent, many have begun to reintroduce frugal risk-taking into their investment strategies.

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