Meaning of “recessionary” in the English Dictionary


"recessionary" in Business English

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uk /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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