| n. | 1. | The act of receding or withdrawing, as from a place, a claim, or a demand. |
| 2. | (Economics) A period during which economic activity, as measured by gross domestic product, declines for at least two quarters in a row in a specific country. If the decline is severe and long, such as greater than ten percent, it may be termed a | |
| 3. | A procession in which people leave a ceremony, such as at a religious service. | |
| 1. | The act of ceding back; restoration; repeated cession; |
| Noun | 1. | recession - the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year |
| 2. | recession - a small concavity | |
| 3. | recession - the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service Synonyms: recessional | |
| 4. | recession - the act of ceding back Synonyms: ceding back | |
| 5. | recession - the act of becoming more distant Synonyms: receding |
RECESSION. A re-grant: the act of returning the title of a country to a government which formerly held it, by one which has it at the time; as the recession of Louisiana, which took place by the treaty between France and Spain, of October 1, 1800. See 2 White's Coll. 516.
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