recession

Etymology

Definitions

1. 1

   The act or an instance of receding or withdrawing.

2. 2

   A period of low temperatures that causes a reduction in species

   A period of low temperatures that causes a reduction in species; ice age.

   • Eastward in Bosnia, while the central European clime prevails, the thermic gradient does not follow the recession in the north latitude, but the elevation of the terrain.
   • Had this climate recession not occurred, the settlements might have provided the first real bridgehead into the continent of America, rather than being rediscovered by Columbus and later by Cabot.
   • The climatic recession which produced Britain's last glaciers came rapidly to an end about 10,000 bp, as temperatures rose during the end of the protocratic phase of the present interglacial.
3. 3

   A period of reduced economic activity.

   • Statisticians often define a recession as negative real GDP growth during two consecutive quarters.
   • In past recessions, drugstores were virtually immune from a turndown.
   • Partly because of the heavy burden of government debt built up during his stewardship, and the uncurbed recklessness of the country’s banks, Britain’s recession is already the harshest in Western Europe.
4. ›+ 3 more definitionsshow fewer

   1. 4

      The ceremonial filing out of clergy and/or choir at the end of a church service.

   2. 5

      The act of ceding something back.

   3. 6

      A procedure in which an extraocular muscle is detached from the globe of the eye and…

      A procedure in which an extraocular muscle is detached from the globe of the eye and reattached posteriorly.

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