recession

1 of 2

noun (1)

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)

recessionary

ri-ˈse-shə-ˌner-ē 

adjective

recession

2 of 2

noun (2)

re·​ces·​sion (ˌ)rē-ˈse-shən 

: the act of ceding back to a former possessor

Synonyms

Noun (1)

• depression
• slump

Examples of recession in a Sentence

Noun (1)

the country is just coming out of a recession, so expect to see fewer layoffs and more new jobs in the coming year

a retiring CEO making a gradual recession from the daily rigors of running a major corporation

Recent Examples on the Web

Noun

And a recession would be a reason for voters to toss out the party in power. —Matt Egan, CNN, 5 Nov. 2024

The Fed's 11 rate hikes in 2022 and 2023 tamped down inflation without tipping the economy into a recession. —Megan Cerullo, CBS News, 1 Nov. 2024

That is barely above the Fed’s 2% inflation target and is in line with readings in 2018, well before prices began surging after the pandemic recession. —Christopher Rugaber, Los Angeles Times, 31 Oct. 2024

After 11 interest rate hikes in 2022 and 2023, the Fed's efforts successfully slowed inflation without causing a recession, and additional rate cuts could help lower borrowing costs for consumers and businesses alike. —Gordon G. Chang, Newsweek, 1 Nov. 2024

Word History

Etymology

Noun (2)

re- + cession

First Known Use

Noun (1)

1630, in the meaning defined at sense 1

Noun (2)

1828, in the meaning defined above

Phrases Containing recession

• anti-recession
• pre-recession

Kids Definition

recession

noun

re·​ces·​sion

ri-ˈsesh-ən

1

: the act or fact of receding or withdrawing

2

: a group of individuals departing in an orderly often ceremonial way

3

: a downward turn in business activity

also : the period of such a downward turn

Medical Definition

recession

noun

re·​ces·​sion ri-ˈsesh-ən 

: pathological withdrawal of tissue from its normal position

advanced gum recession