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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The Columbia Electronic Encyclopedia™ Copyright © 2013, Columbia University Press. Licensed from Columbia University Press. All rights reserved. www.cc.columbia.edu/cu/cup/

recession

a period of lower than average economic growth.
Collins Dictionary of Sociology, 3rd ed. © HarperCollins Publishers 2000

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.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.

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
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005
References in periodicals archive ?
The second is that following an economic slowdown, a strong central government will impose order and exploit nationalism and xenophobia as an excuse.
"The rising debt burden in the face of an economic slowdown exacerbates the asset-quality problem.
JLR said this economic slowdown was to blame for its own decline, after selling 114,905 vehicles in the quarter to the end of June, down on the 115,596 in the same three months a year ago.
The lower economic growth forecast is connected to drop in oil prices and suspension of Kashagan oil field, as well as the global economic slowdown.
Increased consumer spending in China and India helped Asia-Pacific fare better in the economic slowdown than the rest of the world.
Economic slowdown can be a challenge for companies and the country as a whole.
" I have no doubt that we will overcome our current economic slowdown, but we will have to exercise prudence in our defence acquisition plans and cut our coat according to our cloth," he said, hinting a cut in defence spending.
Indian carrier Jet Airways, in which Abu Dhabi-based Etihad is buying a stake, Wednesday posted one of its worst ever quarterly results, hit by the economic slowdown, rising fuel costs and a depreciating rupee.
Summary: China's benchmark money-market rates tumbled for a second day, extending a retreat from record highs, on signs targeted injections of funds are being used to ease a cash crunch that threatens to worsen an economic slowdown.
During a weekend inspection tour of east-central China, Wen called for the government to "preset and fine-tune its policies in a more aggressive manner," using fiscal and monetary tools to offset the economic slowdown as much as possible.
Taipei, June 25, 2012 (CENS)--Due to the global economic slowdown, the number of job vacancies in Taiwan decreased by 30,000 in February 2012 from a year earlier, causing the job vacancy to drop to 2.84% in the month and indicating decreased demand for workers by enterprises, according to the survey conducted by the Directorate-General of Budget, Accounting and Statistics (DGBAS) of Taiwan
The predicted economic slowdown follows China's 10.4 percent year-on-year gross domestic product growth in 2010.