Recession Meaning in English
word
ˌɹiˈsɛʃən/, /ɹɪˈsɛʃən
ri-SESH-uhn or ri-SESH-uhn
ɹɪsˈɛʃən
ri-SESH-uhn
Definition
A recession is a period of time when a country's economy slows down, usually with less business activity, rising unemployment, and lower spending.
Usage & Nuances
Most often used for national or global economies, not for individual businesses. Common phrases: 'go into a recession', 'recover from a recession', 'deep/major recession'. Not to be confused with 'depression', which is more severe.
Spanish: recesiónPortuguese (BR): recessãoPortuguese (PT): recessãoChinese (Simplified): 经济衰退Chinese (Traditional): 經濟衰退Hindi: मंदीArabic: ركود اقتصاديBengali: মন্দাRussian: рецессияJapanese: 景気後退Vietnamese: suy thoáiKorean: 경기 침체Turkish: resesyonUrdu: کسادIndonesian: resesi
Example Sentences
The country went into a recession last year.
basic
Many people lost their jobs during the recession.
basic
A recession usually means less spending and more layoffs.
basic
We're still feeling the effects of the last recession.
natural
Businesses are worried about another recession coming soon.
natural
Nobody wants to live through another deep recession like that.
natural