German word

Rezession

Pronunciation

IPA/ʁet͡sɛˈsi̯oːn/

Meaning

  • feminine nounrecession

Example

Im letzten Jahr gab es eine Rezession.

There was a recession last year.

Illustration for Rezession (recession)

More examples

Wegen rückläufiger Exporte steuert die Branche auf eine Rezession zu.

Due to declining exports, the industry is heading toward a recession.

Core concept

An economy's engine runs below its former speed, with less production, spending, and work.

Common phrases

  • eine Rezession auslösen

    trigger a recession

  • auf eine Rezession zusteuern

    head toward a recession

  • von einer Rezession betroffen sein

    be affected by a recession

Similar words

Abschwung: A developing decline in economic activity after a period of growth.
Depression: An extreme and long-lasting economic slump with very limited recovery.
Wirtschaftskrise: A broad economic breakdown that severely disrupts finance, trade, and supply.

Definition in German

Zeitraum, in dem die gesamtwirtschaftliche Leistung abnimmt und die Arbeitslosigkeit steigt, also eine Abschwächung der Konjunktur.

Word origin

Rezession is a borrowing of Latin recessio, meaning 'withdrawal' or 'retreat', from recedere, 'to move back'.

Usage tips

  • Rezession is feminine: die Rezession, with the plural die Rezessionen.

Other meanings

  • depressionnoun
  • slumpnoun

Opposites

Word lists with this word