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English definition of “depression”

depression

noun [C] (NO ACTIVITY)    /dɪˈpreʃ.ən/
C2 a period in which there is very little business activity and not many jobs: The stock market crash marked the start of a severe depression.Economics and the state of the economy
(Definition of depression noun (NO ACTIVITY) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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