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recession |
3 definitions found From Webster's Revised Unabridged Dictionary (1913) [web1913]: Recession \Re*ces"sion\, n. [L. recessio, fr recedere recessum See {Recede}.] The act of receding or withdrawing, as from a place a claim, or a demand. --South. Mercy may rejoice upon the recessions of justice. --Jer. Taylor. From Webster's Revised Unabridged Dictionary (1913) [web1913]: Recession \Re*ces"sion\, n. [Pref. re- + cession.] The act of ceding back restoration; repeated cession; as the recession of conquered territory to its former sovereign. From WordNet r 1.6 [wn]: recession n 1: the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year 2: a small concavity [syn: {recess}, {niche}, {corner}] 3: the act of ceding back [syn: {ceding back}] 4: a act of becoming more distant [syn: {receding}]
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