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Definition of



slowdown of economic activity a stage of the business cycle in which economic activity is in slow decline. Recession usually follows a boom, and precedes a depression. It is characterized by rising unemployment and falling levels of output and investment.

recession - Related Articles
  • Leveraged Buyouts and Recession

    Best Practice

    However, following the boom that ended in 2007, buyout market conditions have been changing markedly. Both deal volume and deal value fell sharply in both 2008 and 2009 (Figure 1). As the recession began to bite, there was a rise both in failures of buyouts and in buyouts of failed firms
    By Louise Scholes, Mike Wright

  • Understanding the Risks and Opportunities in Recession-Hit Markets


    different eventualities and outcomes. If we go into a happy world with strong growth, you want positions that do well in that environment, while if we go into a double-dip recession, you need strategies that perform there too. If you can achieve this even in a very modest way, the fund should outperform
    By Keith Guthrie

  • John Whittaker


    and financial economics, and he has published papers on alternative monetary regimes and mathematical economics. His current interests are sovereign debt problems in the eurozone, and the response of policy and regulation to the financial crisis and the recession. From 2004 to 2009 he was a Member

  • Mend the Balance Sheet


    Of course, the simple point is that we are entering a recession. That is a novel experience for many. We have not experienced a downturn in the United Kingdom since the spring of 1992. The British economy enjoyed 64 consecutive quarters of growth. In fact, the economy began to pick up at exactly
    By Sir Howard Davies


Definitions of ’recession’ and meaning of ’recession’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’recession’ and other financial terms with our online QFINANCE Financial Dictionary.

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