recession


recession

noun

Definition of RECESSION

1
a period of decreased economic activity <the country is just coming out of a recession, so expect to see fewer layoffs and more new jobs in the coming year>
Synonyms recession, slump
Antonyms boom
2
an act of moving away especially from something difficult, dangerous, or disagreeable <a retiring CEO making a gradual recession from the daily rigors of running a major corporation>

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