Want to say recession differently? Here are other words for recession and its similar synonyms and opposite words to say in unique way.
Meaning of recession
The primary meaning of the word "recession" refers to a period of economic decline.
Etymology of recession
The word "recession" originated from the Latin "recessio," which means "a going back" or "a withdrawal."
Historically, the term has been used in various contexts, including economics, geography, and medicine, to describe a movement or process of withdrawing or moving backward.
Synonyms
Definitions
- A period of economic decline, typically defined as a decline in GDP for two or more consecutive quarters.
- * The act of moving backward or withdrawing, especially from a previous position or commitment.
- * A recession in a geological or geographical context refers to the withdrawal or retreat of something, such as the recession of the sea or a recession in the landscape.
Usage Examples
- The country's economy experienced a severe recession due to the global financial crisis.
- * The recession of the glacier has exposed new rock formations.
- * The company is experiencing a recession in sales due to increased competition.