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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 adjective from the Cambridge Business English Dictionary © Cambridge University Press)
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