Popular in Grammar & Usage See More How to Use Em Dashes (—), En Dashes (–) , and Hyphens (-) Words in Disguise: Do these seem familiar? The Difference Between 'i.e.' and 'e.g.' Democracy or Republic: What's the difference?
Define Recessions. Recessions synonyms, Recessions pronunciation, Recessions translation, English dictionary definition of Recessions. n. 1. The fact or action of moving away or back, especially: a. The erosion of a cliff or headland from a given point,
The NBER defines a recession as a "significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real gross domestic product, real income, employment, industrial production and wholesale-retail sales." As the NBER definition of a recession...
Recessions are considered a part of the natural business/economic cycle of expansion and contraction. An economy starts to expand at its trough (weakest point) and starts to recede after reaching its peak (highest point). A deep recession that lasts for a long time eventually translates into a...
re•ces•sion1(ri sesh′ən),USA pronunciationn. the act of receding or withdrawing. a receding part of a wall, building, etc. a withdrawing procession, as at the end of a religious service. Economics, Businessa period of an economic contraction, sometimes limited in scope or duration...
Potential Repudiation/Moratoriummeans the occurrence of an event described in paragraph (a) of the definition of Repudiation/Moratorium. Fédérationmeans Fédération des caisses Desjardins du Québec. Postponementwith three (3) Commodity Business Days as the Maximum Days of Disruption; ...
Recession Definition A recession definition is aperiodof slowedeconomicactivity. The term describes a contractingeconomy. It is typically defined as two consecutive quarters of declininggross domestic product. Characterize arecessionby highunemployment, lowproductivity, and lower levels ofinvestment. A ...
Recession: Definition, Causes, Examples and FAQs Welcome to our “FINANCE” category, where we delve into the fascinating world of money management, investment strategies, and economic phenomena. In today’s blog post, we will explore one of the most feared events in the financial realm – the...
A definition of the term recession is presented. It refers to a level of the business cycle in which economic activity is in slow decline. It is stated that the stage usually follows a boom, and precedes a depression. It is further stated that recession is characterized by rising ...
But often, job losses occur, unemployment rates rise, consumer and business sales fall and production drops across most industries, Reaser says. For many people, this creates financial challenges. “It’s going to affect those at the lower end of the spectrum the most,” says Lamar Watson, ...