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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