récession

recession, economic downturn

noun reh-seh-SYOHN Rare

Origin: Latin recessio (withdrawal)

Usage Note

Récession is the standard economic term, equivalent to English 'recession'. Economists define it as two consecutive quarters of negative GDP growth — deux trimestres consécutifs de croissance négative. It is more specific than crise (crisis) or marasme (slump), which are broader.

Examples

"Le pays est entré en récession l'année dernière."

Natural Translation

The country entered recession last year.

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