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Definition of Recession
Recession

The act of receding or withdrawing, as from a place, a claim, or a demand.

The act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign.

Related Definitions:
Act, As, Back, Ceding, Cession, Claim, Conquered, Demand, Former, From, Of, Or, Place, Receding, Recession, Repeated, Restoration, Sovereign, Territory, The, To, Withdrawing


Recession Quotations

Recession is when a neighbour loses his job. Depression is when you lose yours.
Ronald Reagan

Recession is when a neighbor loses his job. Depression is when you lose yours.
Ronald Reagan

It's a recession when your neighbor loses his job; it's a depression when you lose yours.
Harry S. Truman

When we were at peace, Democrats wanted to raise taxes. Now there's a war, so Democrats want to raise taxes. When there was a surplus, Democrats wanted to raise taxes. Now that there is a mild recession, Democrats want to raise taxes.
Ann Coulter

We are in the middle of an education recession.
Rod Paige


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