Recession

Legal Definition and Related Resources of Recession

Meaning of Recession

A regrant; the act of a returning the title of a country to a government which formerly held it, by one which has it at the time; as, the recession of Louisiana, which took place by the treaty between France and Spain, of October 1, 1800. See 2 White, Coll. 516.

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Recession in the Dictionary Recession in our legal dictionaries
Browse the Legal Thesaurus Find synonyms and related words of Recession
Legal Maxims Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law
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Related topics Recession in the World Encyclopedia of Law

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This definition of Recession is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.

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https://legaldictionary.lawin.org/recession/ The URI of Recession (more about URIs)

Recession in the Economic Activity

An introductory concept of Recession may be: two consecutive quarters of a year during which GDP falls

Recession Definition (in the Accounting Vocabulary)

The New York State Society of Certified Public Accountants offers the following definition of Recession in a way that is easy for anybody to understand: Downturn in economic activity, defined by many economists as at least two consecutive quarters of decline in a country’s gross national product.

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