severe recession

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• Recession shapes — are used by economists to describe different types of recessions. There is no specific academic theory or classification system for recession shapes; rather the terminology is used as an informal shorthand to characterize recessions and their… …   Wikipedia

• Recession — This article is about a slowdown in economic activity. For other uses, see Recession (disambiguation). Economics …   Wikipedia

• recession — A slowdown or fall in the rate of economic growth. A recession is defined by the US National Bureau of Economic Research as a decline in gross domestic product in two successive quarters. A severe recession is called a depression Recession is… …   Big dictionary of business and management

• Recession — Re*ces sion (r[ e]*s[e^]sh [u^]n), n. [L. recessio, fr. recedere, recessum. See {Recede}.] 1. The act of receding or withdrawing, as from a place, a claim, or a demand. South. [1913 Webster] Mercy may rejoice upon the recessions of justice. Jer.… …   The Collaborative International Dictionary of English

• recession — noun ADJECTIVE ▪ bad, deep, major, serious, severe, sharp, steep ▪ It was the worst recession since the war. ▪ …   Collocations dictionary

• recession — recession1 /ri sesh euhn/, n. 1. the act of receding or withdrawing. 2. a receding part of a wall, building, etc. 3. a withdrawing procession, as at the end of a religious service. 4. Econ. a period of an economic contraction, sometimes limited… …   Universalium

• severe */*/*/ — UK [sɪˈvɪə(r)] / US [sɪˈvɪr] adjective 1) a) a severe problem is very serious and worrying Overcrowding in secondary schools is pretty severe. The reforms have caused severe economic hardship for the poorest members of the population. b) a severe …   English dictionary

• severe — adj. VERBS ▪ be, seem, sound ▪ become, grow ▪ remain ADVERB ▪ extremely …   Collocations dictionary

• recession — I. /rəˈsɛʃən / (say ruh seshuhn) noun 1. the act of receding or withdrawing. 2. a receding part of a wall, etc. 3. a procession at the end of a church service. 4. a decline in business. 5. a period of adverse economic circumstances during which… …  

• recession — The act of ceding or falling back. Term is commonly used with reference to a temporary set back or slow down in the economic growth of a nation, but less severe than a depression …   Black's law dictionary

• Early 1980s recession — The early 1980s recession was a severe recession in the United States which began in July 1981 and ended in November 1982.Krugman, Did the Federal Reserve Cause the Recession? , New York Times, April 1, 1991; National Bureau of Economic Research …   Wikipedia