Definitions

1. noun

A period of economic decline, typically measured by a decrease in gross domestic product (GDP) or other indicators of economic activity.

“The country is experiencing a recession, and many businesses are struggling to stay afloat.”

2. verb

To experience or undergo a recession, especially in one’s business or financial affairs.

“The company’s sales have been declining, and it’s starting to recess.”

3. noun

A decrease or downturn in the level of a particular quantity or quality, especially in a specified field or activity.

“The team’s performance has been in recession, and they need to pick up their game.”