Recession
English Meaning
The act of receding or withdrawing, as from a place, a claim, or a demand.
- The act of withdrawing or going back.
- An extended decline in general business activity, typically two consecutive quarters of falling real gross national product.
- The withdrawal in a line or file of participants in a ceremony, especially clerics and choir members after a church service.
- Law The act of restoring possession to a former owner.