[re.ces.sion] n (ca. 1652) 1: the act or action of receding: withdrawal
2: a departing procession (as of clergy and choir at the end of a church service)
3: a period of reduced economic activity -- re.ces.sion.ary adj
[2]re.ces.sion n [re- + cession] (1828): the act of ceding back to a former possessor