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Meaning of RECESSION

Pronunciation:  ri'seshun

WordNet Dictionary
 
 Definition: 
  1. [n]  the act of becoming more distant
  2. [n]  the act of ceding back
  3. [n]  a small concavity
  4. [n]  the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year
 
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 Synonyms: ceding back, corner, niche, receding, recess
 
 See Also: ceding, cession, concave shape, concavity, doldrums, incurvation, incurvature, pharyngeal recess, stagnancy, stagnation, withdrawal

 

 

Webster's 1913 Dictionary
 
 Definition: 
  1. \Re*ces"sion\, n. [L. recessio, fr. recedere,
    recessum. See {Recede}.]
    The act of receding or withdrawing, as from a place, a claim,
    or a demand. --South.
          Mercy may rejoice upon the recessions of justice.
                                                   --Jer. Taylor.
    
  2. \Re*ces"sion\, n. [Pref. re- + cession.]
    The act of ceding back; restoration; repeated cession; as,
    the recession of conquered territory to its former sovereign.
    
 
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Biology Dictionary
 
 Definition: Retreat of shore or bank by progressive erosion.
 
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