recession

Plural

recessions

1. 1.The act or an instance of receding or withdrawing.

2. 2.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.
   • 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.
   • 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.

3. 3.A period of reduced economic activity.

   • In past recessions, drugstores were virtually immune from a turndown.
   • Statisticians often define a recession as negative real GDP growth during two consecutive quarters.
   • 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. 4.The ceremonial filing out of clergy and/or choir at the end of a church service.

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