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recession

[rɪˈseʃən]
nounfemininepl: recessions / recessões
recessão
1. A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters
The country experienced a severe recession in 2008.
O país experimentou uma recessão severa em 2008.
2. The act of receding or withdrawing; a retreat or backward movement
The recession of the floodwaters was slow.
O recuo das águas da enchente foi lento.
3. A recessed area or indentation in a surface or structure
There was a small recession in the wall where the shelf was mounted.
Havia um pequeno recesso na parede onde a prateleira foi montada.
NYC Slang
the downturn / hard times
Synonyms
downturnslumpcontractiondeclineretreatwithdrawal
Antonyms
expansionboomgrowthprosperityadvance

Regional Variations

General Brazilian
recessão
Standard term used in economic contexts
São Paulo
recessão
Commonly used in financial and business news
Portugal
recessão
Standard European Portuguese term
General Brazilian
retração econômica
Alternative phrase for economic recession

Related Idioms & Phrases

in recession - em recessão
enter a recession - entrar em recessão
come out of recession - sair da recessão
economic recession - recessão econômica
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