recession

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See: capitulation, decline, erosion, outflow

RECESSION. A re-grant: the act of 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's Coll. 516.

References in periodicals archive ?
People in the most deprived areas are much more likely to die younger than those in the richest, and things are no better than during the economic depression of the 1930s, the study found.
Economic depression might be thought a very natural support to religion.
Roosevelt appointed the four aforementioned justices to the Supreme Court to shape a liberal view of the Constitution that could meet the challenges of economic depression and war.
Designed and constructed during the 1930s in the midst of an unprecedented economic depression, this graceful and elegant Art Deco structure soon captured the imagination of local residents, and when the bridge was formally opened on May 27, 1937, up to 200,000 of them clamored to cross the span.
If anyone entered the hall suffering from economic depression, they must have left feeling uplifted after this remarkable display of pride in Britain.
The economic depression that was set in motion by the global financial crisis of 2008 might feel like it is never ending.
There will be no money left for the newly unemployed when this economic depression gets deeper.
Spain and Greece are in an economic depression with no hope for a recovery.
This has been a big change from a year ago, when some analysts worried that the looming shadow inventory would keep the housing sector mired in an economic depression.
They've become more de-sensitized to economic depression or determined not to let it dampen Britain's favourite holiday.
s QE3 (3rd round of quantitative easing) and EU's newest ESM (European Stability Mechanism) seems to have cast a ray of hopes for the world to see an end of the lingering EU debt, which has been one of major negative factors to the global economy, especially when more EU member nations are dragged in the problem to suffer widespread economic depression seen in the bloc.
Because of this prediction, humility should have receded in our young populations since the economic depression of 2007.

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