recession

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recession /rɪˈsɛʃən/ noun
plural recessions
recession
/rɪˈsɛʃən/
noun
plural recessions
Learner's definition of RECESSION
: a period of time in which there is a decrease in economic activity and many people do not have jobs
[count]
[noncount]
[noncount] formal : the act of moving back or away slowly : the act of receding
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