"recession" in the noun sense
1. recession
the state of the economy declines a widespread decline in the GDP and employment and trade lasting from six months to a year
2. recess, recession, niche, corner
a small concavity
3. recession, recessional
the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service
4. recession, ceding back
the act of ceding back
5. receding, recession
the act of becoming more distant
Source: WordNet® (An amazing lexical database of English)
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