Recession

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a decrease in GDP over two consecutive quarters., A temporary period of general economic decline marked by a reduction in consumer spending and business investment., A general slowdown in economic activity that may not meet the technical definition of a recession but is characterized by a decrease in economic growth.

Recession - Meanings

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a decrease in GDP over two consecutive quarters.

Example: The country is facing a recession due to the global economic downturn.

Usage: formalContext: economic discussions, business reports

Note: Commonly used in financial and economic contexts to describe a significant economic downturn affecting a country or region.

A temporary period of general economic decline marked by a reduction in consumer spending and business investment.

Example: Many companies had to lay off workers during the recession.

Usage: formalContext: economic reports, news articles

Note: This meaning is often used to describe the impact of a recession on businesses and individuals, such as job losses and decreased economic activity.

A general slowdown in economic activity that may not meet the technical definition of a recession but is characterized by a decrease in economic growth.

Example: The housing market is showing signs of a recession as sales have slowed down.

Usage: formalContext: economic analysis, market trends

Note: This usage is more nuanced and can refer to a less severe economic slowdown compared to a full-blown recession.

Recession's synonyms

economic decline

An economic decline signifies a sustained decrease in economic activity, often resulting in reduced production, investment, and overall economic performance.

Example: The prolonged economic decline has led to widespread job losses in the region.

Note: Unlike 'recession,' which can be a temporary phase, 'economic decline' implies a more prolonged and severe deterioration in economic conditions.

Recession expressions, common phrases

Economic downturn

An economic downturn refers to a period of negative growth in the economy, often characterized by a decrease in economic activity.

Example: The country is facing an economic downturn due to the recession.

Note: The phrase 'economic downturn' is a broader term that encompasses various economic challenges, while 'recession' specifically refers to a significant decline in economic activity.

Financial crisis

A financial crisis is a situation in which the value of financial institutions or assets rapidly declines, leading to instability in the financial system.

Example: The recession led to a severe financial crisis in the banking sector.

Note: While a recession is a broader economic slowdown, a financial crisis specifically focuses on the instability in financial markets and institutions.

Downturn

A downturn refers to a decline or reduction in economic activity, often leading to negative consequences such as job losses or decreased consumer spending.

Example: The company had to lay off employees during the economic downturn.

Note: Unlike 'recession,' which is a formal term for an extended period of economic decline, 'downturn' is a more general term that can describe a temporary decrease in economic activity.

Slump

A slump indicates a sudden and significant decrease in a particular sector or market, resulting in reduced sales, prices, or production levels.

Example: The housing market experienced a slump during the recession.

Note: While 'recession' refers to a broader economic decline, 'slump' is often used to describe a specific and sharp drop in a particular industry or market.

Financial downturn

A financial downturn refers to a period of financial difficulty or decline, typically resulting from broader economic challenges like a recession.

Example: Many businesses struggled to survive the financial downturn caused by the recession.

Note: Similar to 'economic downturn,' 'financial downturn' emphasizes the impact on financial aspects specifically, whereas 'recession' covers a wider range of economic indicators.

Market downturn

A market downturn signifies a decline in the performance of financial markets, including decreases in stock prices, trading volume, and investor confidence.

Example: Investors were cautious during the market downturn triggered by the recession.

Note: While 'recession' encapsulates an overall economic decline, 'market downturn' focuses on the negative trends specifically within financial markets.

Economic slump

An economic slump refers to a prolonged period of reduced economic activity, often characterized by low growth rates, high unemployment, and decreased consumer spending.

Example: The economy entered an economic slump following the recession.

Note: While 'recession' denotes a significant economic contraction, 'economic slump' emphasizes a prolonged period of economic weakness and stagnation.

Recession everyday (slang) expressions

Bust

To go bankrupt or out of business, often due to financial difficulties caused by economic downturn.

Example: Many businesses went bust during the recession.

Note: Bust specifically refers to a business failing financially as a result of a recession.

Crisis

A time of intense difficulty caused by economic instability, leading to widespread negative consequences.

Example: The recession led to a national crisis in unemployment rates.

Note: Crisis is a broader term encompassing various severe issues arising from a recession.

Gloomy economic forecast

A negative prediction regarding the future economic conditions resulting from a recession.

Example: Experts predict a gloomy economic forecast with the ongoing recession.

Note: This term specifically focuses on making predictions about the economic future during a recession.

Tighten one's belt

To reduce spending and live more frugally during difficult economic times.

Example: During the recession, families had to tighten their belts and cut back on non-essential expenses.

Note: This term refers to the actions individuals take to adjust to financial difficulties during a recession.

Rough patch

A challenging period marked by financial struggles and hardship.

Example: Many small businesses faced a rough patch during the recession.

Note: Rough patch conveys a temporary tough phase experienced by individuals or businesses during a recession.

Financial meltdown

A sudden, severe collapse of financial institutions or markets due to economic crisis.

Example: The recession resulted in a financial meltdown for several major banks.

Note: Financial meltdown denotes a more extreme and catastrophic impact of a recession on financial institutions.

Recession - Examples

The recession hit the country hard.

The government is trying to prevent a recession.

The company had to lay off employees due to the recession.

Recession grammar

Recession - Noun (Noun) / Noun, singular or mass (Noun, singular or mass)

Lemma: recession

Conjugations

Noun, plural (Noun, plural): recessions, recession

Noun, singular or mass (Noun, singular or mass): recession

Syllables, Separation and Stress

recession Contains 3 syllables: re • ces • sion

Phonetic transcription: ri-ˈse-shən

re ces sion , ri ˈse shən (The red syllable is stressed)

Recession - Importance and usage frequency

The word frequency and importance index indicates how often a word appears in a given language. The smaller the number, the more frequently the word is used. The most frequently used words typically range from about 1 to 4000.

recession: ~ 2200 (Very common).

This importance index helps you focus on the most useful words during your language learning process.

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