recession

Everyday

1. A time when a country's businesses do badly, many people lose jobs and spending falls. tree →
2. (formal) The act of moving back or away, like a tide or a glacier going back. tree →

In the lessons

In news and social studies it is about the economy: in a recession, shops close and money is tight. In geography and science, the recession of a glacier means it is shrinking back. Phrases: in a recession, a deep recession, the recession hit.

Examples

• Many people lost their jobs in the recession. tree →
• Dad's shop struggled during the recession. tree →
• The country slowly came out of recession. tree →
• Prices stayed the same during the recession. tree →
• Scientists measured the recession of the glacier. tree →
• People saved more money because of the recession. tree →

Note

Countable. A depression is a very long and deep recession. The verb is recede (go back). Do not confuse with recess (a break, especially a school break in the US).