A recession is a period when the economy of a country is doing badly, for example because industry is producing less and more people are becoming unemployed.
The recession caused sales to drop off.
We should concentrate on sharply reducing interest rates to pull the economy outof recession.
The oil price increases sent Europe into deep recession.
Synonyms: depression, drop, decline, credit crunch More Synonyms of recession
recession in British English1
(rɪˈsɛʃən)
noun
1.
a temporary depression in economic activity or prosperity
2.
the withdrawal of the clergy and choir in procession from the chancel at the conclusion of a church service
3.
the act of receding
4.
a part of a building, wall, etc, that recedes
Word origin
C17: from Latin recessio; see recess
recession in British English2
(riːˈsɛʃən)
noun
the act of restoring possession to a former owner
Word origin
C19: from re- + cession
recession in American English1
(rɪˈsɛʃən)
noun
1.
a going back or receding; withdrawal
2.
a procession leaving a place of assembly
3.
a receding part, as of a wall
4. Economics
a temporary falling off of business activity during a period when such activity has been generally increasing
Derived forms
recessionary (reˈcessionˌary)
adjective
Word origin
L recessio < pp. of recedere: see UNRESOLVED CROSS REF
recession in American English2
(riˈsɛʃən)
noun
a ceding back, as to a former owner
Word origin
re- + cession
recession in Finance
(rɪsɛʃən)
Word forms: (regular plural) recessions
noun
(Finance: Economics)
A recession is a decline in economic activity that lasts for two quarters or a year.
Countries with the lowest debt, and holding the most foreign debt, with the bestlabor force, will be the ones to emerge out of the global recession the fastest.
A worldwide financial panic was followed by the most serious recession since the Great Depression.
A recession is a decline in economic activity that lasts for two quarters or a year.
Talking about recessionsA deep recession is very bad, while a mild recession is not too bad.If a recession gets worse, it deepens or worsens.If a company gets through a recession, it weathers or survives it.Something that causes a recession triggers it, and something that stops it happening averts or avoids it.A double-dip recession is one that starts to recover and then gets worse again before finallyrecovering.
COBUILD Collocations
recession
deep recession
global recession
looming recession
prolonged recession
recession deepens
weather the recession
Examples of 'recession' in a sentence
recession
This recession - ``We know about the recession," Sophie interrupted.
St. James, Ian FINAL RESORT (1994)
I'm convinced that we have seen the lows and are now firmly on our way out of our recession.
Lustbader, Eric FLOATING CITY (1994)
In other languages
recession
British English: recession /rɪˈsɛʃən/ NOUN
A recession is a period when the economy of a country is not very successful.
The high price of oil sent many countries into recession.
American English: recession
Arabic: ركود
Brazilian Portuguese: recessão
Chinese: 衰退
Croatian: recesija
Czech: recese hospodářský pokles
Danish: lavkonjunktur
Dutch: recessie
European Spanish: recesión
Finnish: lamakausi
French: récession
German: Rezession
Greek: ύφεση
Italian: recessione
Japanese: 景気後退
Korean: 불경기
Norwegian: tilbakegang
Polish: recesja
European Portuguese: recessão
Romanian: recesiune
Russian: спад
Latin American Spanish: recesión
Swedish: lågkonjunktur
Thai: การตกต่ำทางเศรษฐกิจ
Turkish: durgunluk piyasa
Ukrainian: спад
Vietnamese: tình trạng suy thoái
All related terms of 'recession'
deep recession
A recession is a period when the economy of a country is doing badly , for example because industry is producing less and more people are becoming unemployed .
Great Recession
the protracted worldwide economic recession following the financial crisis of 2007–08
global recession
A recession is a period when the economy of a country is doing badly , for example because industry is producing less and more people are becoming unemployed .
looming recession
A recession is a period when the economy of a country is doing badly, for example because industry is producing less and more people are becoming unemployed .
recession deepens
A recession is a period when the economy of a country is doing badly , for example because industry is producing less and more people are becoming unemployed .
social recession
a perceived or apparent general decline in moral values
prolonged recession
A recession is a period when the economy of a country is doing badly , for example because industry is producing less and more people are becoming unemployed .
weather the recession
A recession is a period when the economy of a country is doing badly , for example because industry is producing less and more people are becoming unemployed .
Chinese translation of 'recession'
recession
(rɪˈsɛʃən)
n(c/u)
衰退 (shuāituì)
(noun)
Definition
a period of economic difficulty when little is being bought or sold
The recession caused sales to drop off.
Synonyms
depression
He never forgot the hardships he witnessed during the depression.
drop
He was prepared to take a drop in wages.
decline
The first signs of economic decline became visible.
credit crunch
slump
a slump in property prices
downturn
slowdown
trough
Opposites
boom
, upturn
Additional synonyms
in the sense of decline
Definition
a gradual weakening or loss
The first signs of economic decline became visible.