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English definition of “recessionary”

recessionary

adjective
 
 
/rɪˈseʃənəri/ US   /rɪˈseʃəneri/
ECONOMICS relating to a period, usually at least six months, of low economic activity, when investments lose value, businesses fail, and people lose their jobs: They can handle the problems of slower growth or even a recessionary environment.
(Definition of recessionary from the Cambridge Business English Dictionary © Cambridge University Press)
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