English-Czech translations for recession

• recese
  Eurozóna jako celek již není ve fázi recese. The euro area as a whole is no longer in recession.
  O rok později se Řecko ponořilo do recese. A year later, Greece plunged into recession.
  Důsledkem recese je nespokojenost a neklid ve společnosti. Recession results in dissatisfaction and social unrest.

Definition of recession

• The act or an instance of receding or withdrawing
• A period of reduced economic activity
• The ceremonial filing out of clergy and/or choir at the end of a church service

Synonyms

• withdrawal
• return
• procession

Examples

• Statisticians often define a recession as negative real GDP growth during two consecutive quarters.

Related words

• precession
• recessional
• recessionista
• antirecession
• recession discharge
• Great Recession
• double dip recession
• tail recession regime
• Larmor precession