Definition of recession
(Entry 1 of 2)
1
: the act or action of receding : withdrawal
2
: a departing procession (as of clergy and choir at the end of a church service)
3
: a period of reduced economic activity
recession
noun (2)Definition of recession (Entry 2 of 2)
: the act of ceding back to a former possessor
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Merriam-Webster unabridged
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Time Traveler for recession
The first known use of recession was circa 1652
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