1. Noun
The act of receding or withdrawing, as from a place, a claim, or a demand.
2. Noun
The act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign.
3. noun
A period when economic activity falls across much of the economy.
A significant and broad decline in economic activity lasting more than a brief period.
4. Noun
the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service
Vocabulary classified under Economics
5. Noun
the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year
Vocabulary classified under Environmental science
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