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 ?
It seems that this economic recession or cycle just doesn't want to turn the corner yet.
While economic recessions are a recent development in human history, fluctuations in prosperity and resource availability are not," she said.
PRINCETON, NJ -- A new USA Today/Gallup poll finds that only half of Americans plan to travel this summer, and of those with plans, 52% (or 25% of all Americans) say they are altering those plans in response to the current economic recession.
The poultry economist argues that the lower grain prices do provide a respite on costs but they must be viewed as in the context of the severe economic recession that will lower the demand for meat.
Chinese exports are severely hit by the economic recession in both the EU and the US.
K M Basheer, Chairman of MPCC said that the economic recession has also been affecting the UAE and many business establishments here are also reducing the number of their employees, a considerable number of them hailing from Kerala.
NEW YORK -- The Dow Jones industrial average reached a milestone Thursday in Wall Street's nearly seven-year recovery from corporate upheaval, economic recession and terrorism, briefly trading above its record-high close of 11,722.
These substandard standards, in Turner's view, help trigger corporate scandals, which result in economic recession, which inspire reforms and new regulation, which result in new standards.
One contributor writes: "Should cocaine and all of its related narcotics disappear, our nation, and others, could suffer a serious economic recession.
As well, in addition to market forces, such as the 1990's economic recession, greater introduction of technology, the migration of low-skilled, low-wage jobs, and the trend towards privatization and globalization, government policy changes to welfare rules, which affect accessibility and the value of the benefits, have also influenced "the positioning and effectiveness of the safety net by which governments seek to prevent children from the worst of poverty.
The broad exclusion of all future acts of terrorism from all property and liability insurance policies could trigger another decline in the volume of such construction, and in the end, it could drag the entire nation back into an economic recession.
After weathering four years of economic recession, Buenos Aires captured a respectable second place among the Latin American cities featured in the survey, followed by Santiago.

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