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 ?
Moody's expects bank asset quality to deteriorate further from already weak levels over a 12-18 month period driven by the ongoing real-estate crisis, a recessionary economy and record-high unemployment.
The motivation behind our paper is to find out how retailers and wholesalers manage their short-term assets and liabilities as well their long-tetra debt and cash flows during recessionary and expansionary periods.
Companies capable of competing in a recessionary environment would be best placed to survive the hard times.
The concentration of recessionary job losses in certain industries causes employment changes among specific worker groups to vary.
What concerns me, however, are the ways in which environmentalism is used to reinforce the current recessionary messages about self-sacrifice and deprivation in our daily lives.
But our banking system came out of this period stronger and better capitalized, learned the risks associated with asset value lending and the importance of adequate cash flows for loan repayment, and is now able to deal with the recessionary environment with less stress than was the case before.
However, landlords have become more flexible and receptive to creative deal making due to the recessionary environment and the reality that a large percentage of the sublease space (approximately 2.
Ted Gibson, chief economist for the California Department of Finance, said there is not enough evidence yet to say the state has entered recessionary territory.
We go out of our way to communicate during recessionary periods, and you should, too.
In fact, recessionary pressures were upon us as early as last spring, and while the World Trade Center attacks certainly exacerbated the gravity of the economic issues, it seems today that the nation is moving gradually towards economic recovery.
And some economists who track California say that while we have moved from recessionary recovery to economic expansion, Levy's outlook for the housing industry might be too robust.
And despite a recessionary climate in four African countries--including Botswana, Kenya and Ghana--these nations have sustained an annual gross domestic product rate of 1.