Recession: meaning, definitions and examples

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recession

 

[ rษชหˆsษ›สƒษ™n ]

Noun
Context #1 | Noun

economic downturn

A recession is a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.

Synonyms

depression, economic downturn, slump

Examples of usage

  • The recession of 2008 was caused by the subprime mortgage crisis.
  • Many businesses struggled to survive during the recession.
  • The government implemented various measures to combat the effects of the recession.
Context #2 | Noun

general decline

A recession can also refer to a general decline in something, such as a reduction in the number or quality of something.

Synonyms

decline, downturn, drop

Examples of usage

  • There has been a recession in the quality of customer service at this company.
  • The neighborhood experienced a recession in property values.

Translations

Translations of the word "recession" in other languages:

๐Ÿ‡ต๐Ÿ‡น recessรฃo

๐Ÿ‡ฎ๐Ÿ‡ณ เคฎเค‚เคฆเฅ€

๐Ÿ‡ฉ๐Ÿ‡ช Rezession

๐Ÿ‡ฎ๐Ÿ‡ฉ resesi

๐Ÿ‡บ๐Ÿ‡ฆ ั€ะตั†ะตัั–ั

๐Ÿ‡ต๐Ÿ‡ฑ recesja

๐Ÿ‡ฏ๐Ÿ‡ต ๆ™ฏๆฐ—ๅพŒ้€€ (ใ‘ใ„ใใ“ใ†ใŸใ„)

๐Ÿ‡ซ๐Ÿ‡ท rรฉcession

๐Ÿ‡ช๐Ÿ‡ธ recesiรณn

๐Ÿ‡น๐Ÿ‡ท durgunluk

๐Ÿ‡ฐ๐Ÿ‡ท ๋ถˆํ™ฉ (bulhwang)

๐Ÿ‡ธ๐Ÿ‡ฆ ุฑูƒูˆุฏ ุงู‚ุชุตุงุฏูŠ

๐Ÿ‡จ๐Ÿ‡ฟ recese

๐Ÿ‡ธ๐Ÿ‡ฐ recesia

๐Ÿ‡จ๐Ÿ‡ณ ็ปๆตŽ่กฐ้€€ (jฤซngjรฌ shuฤituรฌ)

๐Ÿ‡ธ๐Ÿ‡ฎ recesija

๐Ÿ‡ฎ๐Ÿ‡ธ samdrรกttur

๐Ÿ‡ฐ๐Ÿ‡ฟ ั€ะตั†ะตััะธั

๐Ÿ‡ฌ๐Ÿ‡ช แƒ แƒ”แƒชแƒ”แƒกแƒ˜แƒ

๐Ÿ‡ฆ๐Ÿ‡ฟ resessiya

๐Ÿ‡ฒ๐Ÿ‡ฝ recesiรณn

Etymology

The term 'recession' originated from the Latin word 'recessus', which means 'withdrawal' or 'retirement'. It was first used in the context of economics in the early 20th century to describe a temporary economic decline. The concept of recessions has been studied extensively by economists to understand the causes and effects of these periods of negative economic growth.

See also: recess, recessed, recessing.

Word Frequency Rank

Position #7,671 indicates this is an advanced-level word. While not essential for basic communication, it will enhance your ability to understand and create more nuanced content.