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Found 1 definition: recession.

recession top

Pos: Noun
[WORDNET DICTIONARY]

Noun recession has 5 senses

1.  recession(n = noun.state) - the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year;
is a kind of
economic condition

2.  recession(n = noun.shape) corner, niche, recess - a small concavity;
is a kind of concave shape, concavity, incurvation, incurvature
has particulars: pharyngeal recess

3.  recession(n = noun.group) recessional - the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service;
is a kind of procession

4.  recession(n = noun.act) ceding back - the act of ceding back;
is a kind of ceding, cession
Derived form verb recede2

5.  recession(n = noun.act) receding - the act of becoming more distant;
is a kind of withdrawal
Derived forms verb recede3, adjective recessional1


[CIDE DICTIONARY]

recession, n. [L. recessio, fr. recedere, recessum. See Recede.].

1.  The act of receding or withdrawing, as from a place, a claim, or a demand. South. [1913 Webster]
"Mercy may rejoice upon the recessions of justice." [1913 Webster]

2.  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 depression. [PJC]

3.  A procession in which people leave a ceremony, such as at a religious service. [PJC]


recession, n. [Pref. re- + cession.].

   The act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign. [1913 Webster]


[OXFORD DICTIONARY]

recession, n.
1 a temporary decline in economic activity or prosperity.
2 a receding or withdrawal from a place or point.
3 a receding part of an object; a recess.

Derivative:
recessionary adj.

Etymology:
L recessio (as RECESS)


[ROGET DICTIONARY]

Deterioration

N  deterioration, debasement, wane, ebb, recession, retrogradation, decrease, degeneracy, degeneration, degenerateness, degradation, depravation, depravement, devolution, depravity, demoralization, retrogression, masochism, impairment, inquination, injury, damage, loss, detriment, delaceration, outrage, havoc, inroad, ravage, scath, perversion, prostitution, vitiation, discoloration, oxidation, pollution, defoedation, poisoning, venenation, leaven, contamination, canker, corruption, adulteration, alloy, decline, declension, declination, decadence, decadency, falling off, caducity, decrepitude, decay, dilapidation, ravages of time, wear and tear, corrosion, erosion, moldiness, rottenness, moth and rust, dry rot, blight, marasmus, atrophy, collapse, disorganization, delabrement (destruction), aphid, Aphis, plant louse, puceron, vinefretter, vinegrub, wreck, mere wreck, honeycomb, magni nominis umbra, jade, plug, rackabones, skate, tackey, tacky, have seen better days, deteriorate, degenerate, fall off, wane, ebb, retrograde, decline, droop, go down, go downhill, go from bad to worse, go farther and fare worse, jump out of the frying pan into the fire, run to seed, go to seed, run to waste swale, sweal, lapse, be the worse for, sphacelate: break, break down, spring a leak, crack, start, shrivel, fade, go off, wither, molder, rot, rankle, decay, go bad, go to decay, fall into decay, fall into the sear and yellow leaf, rust, crumble, shake, totter, totter to its fall, perish, die, deteriorate, weaken, put back, set back, taint, infect, contaminate, poison, empoison, envenom, canker, corrupt, exulcerate, pollute, vitiate, inquinate, debase, embase, denaturalize, denature, leaven, deflower, debauch, defile, deprave, degrade, ulcerate, stain, discolor, alloy, adulterate, sophisticate, tamper with, prejudice, pervert, prostitute, demoralize, brutalize, render vicious, embitter, acerbate, exacerbate, aggravate, injure, impair, labefy, damage, harm, hurt, shend, scath, scathe, spoil, mar, despoil, dilapidate, waste, overrun, ravage, pillage, wound, stab, pierce, maim, lame, surbate, cripple, hough, hamstring, hit between wind and water, scotch, mangle, mutilate, disfigure, blemish, deface, warp, blight, rot, corrode, erode, wear away, wear out, gnaw, gnaw at the root of, sap, mine, undermine, shake, sap the foundations of, break up, disorganize, dismantle, dismast, destroy, damnify, do one's worst, knock down, deal a blow to, play havoc with, play sad havoc with, play the mischief with, play the deuce with, play the very devil with, play havoc among, play sad havoc among, play the mischief among, play the deuce among, play the very devil among, decimate, Adj, unimproved &c (improve), deteriorated, altered, altered for the worse, injured, sprung, withering, spoiling, on the wane, on the decline, tabid, degenerate, marescent, worse, the worse for, all the worse for, out of repair, out of tune, imperfect, the worse for wear, battered, weathered, weather-beaten, stale, passe, shaken, dilapidated, frayed, faded, wilted, shabby, secondhand, threadbare, worn, worn to a thread, worn to a shadow, worn to the stump, worn to rags, reduced, reduced to a skeleton, far gone, tacky, decayed, moth-eaten, worm-eaten, mildewed, rusty, moldy, spotted, seedy, time-worn, moss-grown, discolored, effete, wasted, crumbling, moldering, rotten, cankered, blighted, tainted, depraved, decrepid, decrepit, broke, busted, broken, out of commission, hors de combat, out of action, broken down, done, done for, done up, worn out, used up, finished, beyond saving, fit for the dust hole, fit for the wastepaper basket, past work, at a low ebb, in a bad way, on one's last legs, undermined, deciduous, nodding to its fall, tottering, past cure, fatigued, retrograde, deleterious, out of the frying pan into the fire, agrescit medendo, what a falling off was there!.


Regression

N  regress, regression, retrocession, retrogression, retrograduation, retroaction, reculade, retreat, withdrawal, retirement, remigration, recession, recess, crab-like motion, refluence, reflux, backwater, regurgitation, ebb, return, resilience reflection, reflexion (recoil), flip-flop, volte-face, counter motion, retrograde motion, backward movement, motion in reverse, counter movement, counter march, veering, tergiversation, recidivation, backsliding, fall, deterioration, recidivism, recidivity, reversal, relapse, turning point, receding, retrograde, retrogressive, regressive, refluent, reflex, recidivous, resilient, crab-like, balky, reactionary, back, backwards, reflexively, to the right about, a reculons, a rebours, revenons a nos moutons, as you were.


Recession

N  recession, retirement, withdrawal, retreat, retrocession, departure, recoil, flight, receding, distance oneself from a person.