recession
🇺🇸
/rɪˈseʃn/
🇬🇧
/rɪˈseʃn/
a period when the economy of a country is doing poorly, with less business activity and more people without jobs
During the recession, many people lost their jobs because companies were not making enough money.
the process of moving back or away from a previous position
The slow recession of the glacier left behind large rocks and debris.