recession
pronunciation
How to pronounce recession in British English:
UK [rɪˈseʃn]
How to pronounce recession in American English:
US [rɪˈseʃn]
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- Noun:
- the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year
- a small concavity
- the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service
- the act of ceding back
- the act of becoming more distant
Word Origin
- recession (n.)
- 1640s, "act of receding, a going back," from French récession "a going backward, a withdrawing," and directly from Latin recessionem (nominative recessio) "a going back," noun of action from past participle stem of recedere (see recede). Sense of "temporary decline in economic activity," 1929, noun of action from recess (q.v.): The material prosperity of the United States is too firmly based, in our opinion, for a revival in industrial activity -- even if we have to face an immediate recession of some magnitude -- to be long delayed. ["Economist," Nov. 2, 1929]Ayto notes, "There was more than a hint of euphemism in the coining of this term."
Example
- 1. Covering the whole of the recession .
- 2. Will america face a serious recession ?
- 3. The us simply cannot afford a recession right now .
- 4. The shipping industry is in recession and under huge cost pressure .
- 5. Consider the following ten-steps to make your business recession proof .