noun
recession
rih-SEHSHN
noun
1
A period of reduced economic activity, typically marked by falling output and rising unemployment.
"The country fell into a recession after the banking crisis."
"Many small businesses closed during the recession."
2
The act of gradually withdrawing or moving back.
"The recession of the glacier has been tracked for decades."
How to Use Recession
Learner’s notesIn plain EnglishUsually means an economic downturn, but can also mean any gradual withdrawal or retreat.
Common pairings
fall into recession
a global recession
recession-proof
Word Forms
recessions plural
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The country fell into a _____ after the banking crisis.
Etymology
From Latin recessio, from recedere ("to withdraw").