re·ces·sion
ri-ˈse-shən
plural recessions
1
: the act or action of receding : withdrawal
the recession of floodwaters
The exposed roots of teeth, commonly caused by gum recession, can be protected by using a composite resin in combination with an adhesive resin.—American Dental Association
2
economics
: a period of significantly reduced general economic activity that is marked especially by declines in employment and production and that lasts more than a few months
The country is in a recession.
a period of economic recession
The spurt of economic growth that usually follows recessions isn't in sight this time.—David Wessel
compare depression sense 2a
3
: a departing procession (as of clergy and choir at the end of a church service)
re·ces·sion
(ˌ)rē-ˈse-shən
: the act of ceding back to a former possessor
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Merriam-Webster unabridged
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