RECESSION


Meaning of RECESSION in English

I. ri-ˈse-shən noun

Date: circa 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 -shə-ˌner-ē adjective

II. (ˌ)rē-ˈse-shən noun

Etymology: re- + cession

Date: 1828

: the act of ceding back to a former possessor

Merriam-Webster's Collegiate English vocabulary.      Энциклопедический словарь английского языка Merriam Webster.