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单词 recession
释义

Definition of recession in English:

recession

noun rɪˈsɛʃ(ə)nrəˈsɛʃ(ə)n
  • 1A 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 is in the depths of a recession
    mass noun measures to pull the economy out of recession
    Example sentencesExamples
    • He says the economy is in recession after the worst third quarter growth figures in some 50 years.
    • Even the opposition parties concede that Kim has done a good job in pulling the country out of recession.
    • When recessions were a regular feature of the economic environment, they were often viewed as inevitable.
    • And price wars typically break out during recessions as vendors battle for consumers.
    • Economic recessions are predominantly the result of insufficient demand.
    • Gold is the only mineral commodity which is expected to benefit from the current global economic recession.
    • In mid-2001, as recession hit, the stock market wobbled.
    • The country was gripped by recession and interest rates were soaring.
    • The economy is entering its fourth recession in a decade, with no relief in sight.
    • Figures released this week show US unemployment rising, as recession looms.
    • Sales and profits increased annually even during the recession of the late 1980s and early 1990s.
    • The country is in deep recession, yet the government has cut its spending by about 40 percent this year.
    • This obviously buoys the market in good times and smooths its falls in recessions.
    • The country is again sliding into recession at a time when policy makers have few options to revive growth.
    • Yes, consumer confidence has proved far more robust than in previous recessions.
    • Compared to other post-war recessions, the downturn of 2001 is one of the shallowest on record.
    • The average length of the last 10 recessions has been just under 11 months.
    • As political economists have always emphasised, periodic recessions are endemic to capitalism.
    • In some ways, this recession has not been as hard on low-wage workers as earlier recessions.
    • If we want to avert a very deep recession it is absolutely vital that these psychological factors are reversed.
    • The economic impact of the energy crisis has been to aggravate a descent into recession.
    Synonyms
    economic decline, downturn, depression, slump, slowdown, trough, credit crunch, credit squeeze
    stagnation, stagflation
    hard times
    informal bust
  • 2Astronomy
    mass noun The action of receding; motion away from an observer.

    Example sentencesExamples
    • In 1842 Doppler proved that the colour of a luminous body, like the pitch or note of a sounding body, must be changed by velocity of approach or recession.
    • The expansion of the Universe is described by a very simple equation called Hubble's law; the velocity of the recession of a galaxy is equal to a constant times its distance.
    • The velocity of recession is proportional to the distance from us.

Derivatives

  • recessionary

  • adjective rɪˈsɛʃənrirəˈsɛʃəˌnɛri
    • Just as in the case of the failure of deficit spending, more consumption by household will not halt recessionary pressures.
      Example sentencesExamples
      • This is designed to prevent a market collapse, which could have serious consequential effects in the current recessionary climate.
      • While some commentators seem to have made it their mission to hasten the country into a recessionary spiral, the views of the leading businesspeople serve as a timely antidote.
      • This will make recessionary declines less severe and shorter, but it will not prevent economic downturns completely.
      • And despite global recessionary trends, the industry feels that the next few months will see a healthy increase in travel.
      • But the current recessionary trends are being driven by psychological factors primarily.

Origin

Mid 17th century: from Latin recessio(n-), from recess- 'gone back', from the verb recedere (see recede).

 
 

Definition of recession in US English:

recession

nounrəˈsɛʃ(ə)nrəˈseSH(ə)n
  • 1A 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 is in the depths of a recession
    mass noun measures to pull the economy out of recession
    Example sentencesExamples
    • The country is in deep recession, yet the government has cut its spending by about 40 percent this year.
    • The economic impact of the energy crisis has been to aggravate a descent into recession.
    • The country was gripped by recession and interest rates were soaring.
    • Economic recessions are predominantly the result of insufficient demand.
    • The average length of the last 10 recessions has been just under 11 months.
    • And price wars typically break out during recessions as vendors battle for consumers.
    • When recessions were a regular feature of the economic environment, they were often viewed as inevitable.
    • The country is again sliding into recession at a time when policy makers have few options to revive growth.
    • Gold is the only mineral commodity which is expected to benefit from the current global economic recession.
    • He says the economy is in recession after the worst third quarter growth figures in some 50 years.
    • If we want to avert a very deep recession it is absolutely vital that these psychological factors are reversed.
    • In some ways, this recession has not been as hard on low-wage workers as earlier recessions.
    • Figures released this week show US unemployment rising, as recession looms.
    • Compared to other post-war recessions, the downturn of 2001 is one of the shallowest on record.
    • This obviously buoys the market in good times and smooths its falls in recessions.
    • In mid-2001, as recession hit, the stock market wobbled.
    • Yes, consumer confidence has proved far more robust than in previous recessions.
    • Even the opposition parties concede that Kim has done a good job in pulling the country out of recession.
    • As political economists have always emphasised, periodic recessions are endemic to capitalism.
    • The economy is entering its fourth recession in a decade, with no relief in sight.
    • Sales and profits increased annually even during the recession of the late 1980s and early 1990s.
    Synonyms
    economic decline, downturn, depression, slump, slowdown, trough, credit crunch, credit squeeze
  • 2Astronomy
    The action of receding; motion away from an observer.

    Example sentencesExamples
    • The expansion of the Universe is described by a very simple equation called Hubble's law; the velocity of the recession of a galaxy is equal to a constant times its distance.
    • In 1842 Doppler proved that the colour of a luminous body, like the pitch or note of a sounding body, must be changed by velocity of approach or recession.
    • The velocity of recession is proportional to the distance from us.

Origin

Mid 17th century: from Latin recessio(n-), from recess- ‘gone back’, from the verb recedere (see recede).

 
 
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更新时间:2024/12/23 10:13:01