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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 ?
Minutes show that the ECB is concerned about the nation's economic slowdown, even if the impact appears to be fairly limited for now.
The lower economic growth forecast is connected to drop in oil prices and suspension of Kashagan oil field, as well as the global economic slowdown.
Growth prospects of the emerging Asian countries will be significantly affected by the economic slowdown in leading Asian economies such as China and Japan.
Investment risks have grown, with the drop in demand due to the economic slowdown.
I have no doubt that we will overcome our current economic slowdown, but we will have to exercise prudence in our defence acquisition plans and cut our coat according to our cloth," he said, hinting a cut in defence spending.
It is not possible that a miracle happens in India and this economic slowdown would take a U-turn.
The minister said that the whole world was going through an economic slowdown.
Despite the predicted economic slowdown, Huang said next year China's government is unlikely to ease its monetary policy designed to dampen rising consumer prices.
Economic slowdown has led to a decline in employment activity in the Gulf region, according to a study carried out by gulftalent.
An estimated 50,000 to 150,000 Indian workers have returned from the Gulf - mainly UAE - due to economic slowdown in the region, an Indian minister said.
Summary: can weather the global economic slowdown and grow by 3 percent this year, the International Monetary Fund said on Monday.
The Organisation for Economic Co-operation and Development (OECD) said its latest data showed the UK was showing "tentative signs" of a pause in the economic slowdown.