recession Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “recession” in the English Dictionary

"recession" in British English

See all translations

recessionnoun [C or U]

uk   us   /rɪˈseʃ.ən/
B2 a ​period when the ​economy of a ​country is not ​successful and ​conditions for ​business are ​bad: The ​country is ​sliding into the ​depths of (a) recession.
More examples
(Definition of recession from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"recession" in American English

See all translations

recessionnoun [C/U]

 us   /rɪˈseʃ·ən/
social studies a ​period when the ​economy of a ​country is not doing well, ​industrialproduction and ​businessactivity are at a ​lowlevel, and there are many ​peopleunemployed: [U] The ​country is ​mired in recession. [C] The Japanese ​economy is experiencing ​itsworst recession in 20 ​years.
(Definition of recession from the Cambridge Academic Content Dictionary © Cambridge University Press)

"recession" in Business English

See all translations

recessionnoun [C or U]

uk   us   /rɪˈseʃən/
ECONOMICS a ​period, usually at least six months, of ​loweconomicactivity, when ​investmentslosevalue, ​businessesfail, and ​unemploymentrises: The ​expertspredicted recession in the coal ​industry. The ​retailsector is now in recession. a deep/shallow/mild ​depressionenter/fall into/slide into (a) recession The ​economy has ​entered a ​deep recession.recover from/pull out of (a) recession The ​industry is ​recovering fast from what has proved to be a mild recession.
Compare
(Definition of recession from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “recession”
in Spanish recesión…
in Vietnamese tình trạng suy thoái…
in Malaysian kemelesetan ekonomi…
in Thai การตกต่ำทางเศรษฐกิจ…
in French récession…
in German die Rezession…
in Chinese (Simplified) (经济)衰退期…
in Turkish ekonomide durgunluk/gerileme…
in Russian спад, рецессия…
in Indonesian resesi…
in Chinese (Traditional) (經濟)衰退期…
in Polish recesja…
What is the pronunciation of recession?
Add Cambridge dictionaries to your browser to your website
Word of the Day

forage

to go from place to place searching, especially for food

Word of the Day

Meerkat meme
Meerkat meme
by Colin McIntosh,
September 03, 2015
Meerkats are not new to popular culture (they appear in the folk tales of the San people of the Kalahari), but their arrival in the public’s consciousness, at least in the UK and the US, is a relatively recent phenomenon. Meerkats are small, sociable Southern African mammals that live in large family

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More