recession

noun

A cession or granting back; retrocession: as, the recession of conquered territory to its former sovereign.

noun

The act of receding or going back; withdrawal; retirement, as from a position reached or from a demand made.

noun

The state of being put back; a position relatively withdrawn.

noun

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

noun

A period during which economic activity, as measured by gross domestic product, declines for at least two quarters in a row in a specific country. If the decline is severe and long, such as greater than ten percent, it may be termed a depression.

noun

A procession in which people leave a ceremony, such as at a religious service.

noun

The act of ceding back; restoration; repeated cession.

noun

The act or an instance of receding

noun

A period of reduced economic activity

noun

The ceremonial filing out of clergy and/or choir at the end of a church service.