noun

recession

recession

The country is in a deep economic recession.

The country is in a deep economic recession.

Many businesses failed during the last recession.

Many businesses failed during the last recession.

in (a) recession in a period of economic difficulty The country is in a deep recession.

Synonyms: downturn, slump; Antonyms: boom, expansion

From Latin 'recedere' (to go back). 're-' (back) + 'cedere' (to go). An economy 'going back'.

Think of a hairline 'receding' (going back). A 'recession' is when the economy goes back.

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