recession Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “recession” in the English Dictionary

"recession" in British English

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recessionnoun [C or U]

uk   /rɪˈseʃ.ən/ us   /rɪˈseʃ.ən/
(Definition of recession from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"recession" in American English

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recessionnoun [C/U]

us   /rɪˈseʃ·ən/
social studies a period when the economy of a country is not doing well, industrial production and business activity are at a low level, and there are many people unemployed: [U] The country is mired in recession. [C] The Japanese economy is experiencing its worst recession in 20 years.
(Definition of recession from the Cambridge Academic Content Dictionary © Cambridge University Press)

"recession" in Business English

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recessionnoun [C or U]

uk   /rɪˈseʃən/ us  
ECONOMICS a period, usually at least six months, of low economic activity, when investments lose value, businesses fail, and unemployment rises: The experts predicted recession in the coal industry. The retail sector 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.
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(Definition of recession from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “recession”
in Vietnamese tình trạng suy thoái…
in Spanish recesión…
in Malaysian kemelesetan ekonomi…
in Thai การตกต่ำทางเศรษฐกิจ…
in French récession…
in German die Rezession…
in Chinese (Traditional) (經濟)衰退期…
in Russian спад, рецессия…
in Turkish ekonomide durgunluk/gerileme…
in Chinese (Simplified) (经济)衰退期…
in Indonesian resesi…
in Polish recesja…
What is the pronunciation of recession?
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