See Also: Recession(medicine)
recession(dictionary)
Recession(money)
Gum recession(health)
Recession(finance)
recession(encyclopedia)
recession(dictionary)
RECESSION(law)
tendon recession(medicine)
gingival recession(medicine)

Recession (money)


Definition: Downturn in a country's economy, as measure by a decline in Gross Domestic Product. Two consecutive quarters is the technical definition for recession. An upturn in the economy after a recession is cDefinition: alled a recovery.

Definition: [crh] A temporary downturn in economic activity, usually indicated by two consecutive quarters of a falling GDP.