Definition of "recession" []

• The act of withdrawing or going back. (noun)
• An extended decline in general business activity, typically two consecutive quarters of falling real gross national product. (noun)
• The withdrawal in a line or file of participants in a ceremony, especially clerics and choir members after a church service. (noun)
• Law The act of restoring possession to a former owner. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "BLOOMBERG: Whether the term recession, which is a technical term, will be appropriate, I have no idea, but the country is in a-- has some very serious economic problems."
• "BLOOMBERG: Whether the term recession, which is a technical term, will be appropriate, I have no idea."
• ""These stocks give new meaning to the term recession proof," Cramer said."