recession

n 1: the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year

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2: a small concavity [syn: recess, niche, corner] 3: the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service [syn: recessional] 4: the act of ceding back [syn: ceding back] 5: the act of becoming more distant [syn: receding]

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