Recession

[rɪ'seʃ(ə)n] or [rɪ'sɛʃən]

Definition

(noun.) the act of ceding back.

(noun.) the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service.

(noun.) the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year.

Checked by Kathy--From WordNet

Definition

(n.) The act of receding or withdrawing, as from a place, a claim, or a demand.

(n.) The act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign.

Checked by Cindy

Definition

n. act of receding: withdrawal: the state of being set back.—adjs. Reces′sional; Recess′ive.—adv. Recess′ively.—n. Recess′us a recess.

n. a ceding or giving back.

Editor: Robert