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Dictionary definition for: Recession

1. (n) the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year

2. (n) a small concavity

3. (n) the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service

4. (n) the act of ceding back

5. (n) the act of becoming more distant

WordNet 2.1 Copyright Princeton University. All rights reserved.