recession

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Noun[change]

Singular
recession

Plural
recessions

  1. (countable) A recession is a time when there is less economic activity.
    Spending is one reason that economists are increasingly worried about the economy moving into a recession.
    In the early 1980s, the economy was in a deep recession and interest rates were two to four times as high as they are today.
    It's difficult to get any work during this recession.
    The government is trying to help those who are hard hit by the recession.

Synonyms[change]

Related words[change]