Depression vs. Recession

Depressionnoun

(psychology) In psychotherapy and psychiatry, a state of mind producing serious, long-term lowering of enjoyment of life or inability to visualize a happy future.

Depressionnoun

(geography) An area that is lower in topography than its surroundings.

Depressionnoun

(psychology) In psychotherapy and psychiatry, a period of unhappiness or low morale which lasts longer than several weeks and may include ideation of self-inflicted injury or suicide.

Depressionnoun

(meteorology) An area of lowered air pressure that generally brings moist weather, sometimes promoting hurricanes and tornadoes.

Depressionnoun

(economics) A period of major economic contraction.

Depressionnoun

Four consecutive quarters of negative, real GDP growth. See NBER.

Depressionnoun

The act of lowering or pressing something down.

Depressionnoun

A lowering, in particular a reduction in a particular biological variable or the function of an organ, in contrast to elevation.

Depressionnoun

The act of depressing.

Depressionnoun

The state of being depressed; a sinking.

Depressionnoun

A falling in of the surface; a sinking below its true place; a cavity or hollow; as, roughness consists in little protuberances and depressions.

Depressionnoun

Humiliation; abasement, as of pride.

Depressionnoun

Dejection; despondency; lowness.

Depressionnoun

Diminution, as of trade, etc.; inactivity; dullness.

Depressionnoun

The angular distance of a celestial object below the horizon.

Depressionnoun

The operation of reducing to a lower degree; - said of equations.

Depressionnoun

A method of operating for cataract; couching. See Couch, v. t., 8.

Depressionnoun

a mental state characterized by a pessimistic sense of inadequacy and a despondent lack of activity

Depressionnoun

a long-term economic state characterized by unemployment and low prices and low levels of trade and investment

Depressionnoun

a sunken or depressed geological formation

Depressionnoun

sad feelings of gloom and inadequacy

Depressionnoun

a time period during the 1930s when there was a worldwide economic depression and mass unemployment

Depressionnoun

an air mass of lower pressure; often brings precipitation;

Depressionnoun

a state of depression and anhedonia so severe as to require clinical intervention

Depressionnoun

a concavity in a surface produced by pressing;

Depressionnoun

angular distance below the horizon (especially of a celestial object)

Depressionnoun

pushing down;

Recessionnoun

The act or an instance of receding or withdrawing.

Recessionnoun

A period of reduced economic activity

Recessionnoun

The ceremonial filing out of clergy and/or choir at the end of a church service.

Recessionnoun

The act of ceding something back.

Recessionnoun

The act of receding or withdrawing, as from a place, a claim, or a demand.

Recessionnoun

A period during which economic activity, as measured by gross domestic product, declines for at least two quarters in a row in a specific country. If the decline is severe and long, such as greater than ten percent, it may be termed a depression.

Recessionnoun

A procession in which people leave a ceremony, such as at a religious service.

Recessionnoun

The act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign.

Recessionnoun

the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year

Recessionnoun

a small concavity

Recessionnoun

the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service

Recessionnoun

the act of ceding back

Recessionnoun

the act of becoming more distant

Recessionnoun

a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters

Recessionnoun

the action of receding; motion away from an observer.

Recession

In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock).