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Definition of Recesseon

Re*ces"sion (r&esl;*s&ebreve;sh"ŭn), n. [L. recessio, fr. recedere, recessum. See Recede.] The act of receding or withdrawing, as from a place, a claim, or a demand. South.

Mercy may rejoice upon the recessions of justice.
Jer. Taylor.

Re*ces"sion, n. [Pref. re- + cession.] The act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign.

- Webster's Unabridged Dictionary (1913)

  • Decline in GDP growth, usually during two consecutive quarters.
- The Nuttall Encyclopedia

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