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recession
1[ ri-sesh-uhn ]
noun
- a withdrawing procession, as at the end of a religious service.
- Economics. a period of an economic contraction, sometimes limited in scope or duration. Compare depression ( def 7 ).
recession
2[ ree-sesh-uhn ]
noun
- a return of ownership to a former possessor.
recession
1/ ɪˈɛʃə /
noun
- a temporary depression in economic activity or prosperity
- the withdrawal of the clergy and choir in procession from the chancel at the conclusion of a church service
- the act of receding
- a part of a building, wall, etc, that recedes
recession
2/ ːˈɛʃə /
noun
- the act of restoring possession to a former owner
recession
- A general business slump, less severe than a depression .
51Թ History and Origins
Origin of recession1
Origin of recession2
51Թ History and Origins
Origin of recession1
Origin of recession2
Example Sentences
It is Wall Street now calculating a more-than-evens chance of a recession in the US.
Morgan increased its assessment of the risk of recession this year to 60%, up from a 40% chance it had published just days prior.
It sent shock waves across the globe, with the markets taking a massive tumble and economic forecasters scrambling to revise upwards their predictions for a recession.
A bigger concern for the UK football industry will be consumers having less money to spend on tickets and TV subscriptions if fears of a recession come to pass.
Predictably, consumers and businesses are collateral damage, suddenly facing higher prices, layoffs, depressed retirement accounts and fears of recession.
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