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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.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
"Therefore, it is not surprising that the impact of Brexit, and the connected risk of a broader economic slowdown, feature as prominent risks for UK companies."
However, Oxford Economics said a global economic slowdown might put pressure on the Philippines' debt position, as in the past.
With an economic slowdown in China, the next question is how will this nation go through this difficult period.
"Economic slowdown in China is much more serious than the official numbers show.
He said that the Chinese economic slowdown is serious which has worried many countries but it has enough reserves to keep critical projects on track.
BEIRUT: The drop in car sales in Lebanon in 2018 was another indication that the economic slowdown and political paralysis have hit most businesses in the country.
Traders said futures prices fell on expectations of oversupply amid surging US production and concerns about a global economic slowdown.
Experts including Economic Advisory Council member Dr Ashfaque Hasan Khan, Arif Habib Limited Head of Research Samiullah Tariq and Topline Securities' analyst Umair Naseer agreed that the drop in imports hinted at economic slowdown in the country.
Summary: Company cites challenges due to global economic slowdown
Summary: The Lebanese banking sector witnessed a year of modest activity growth in 2015, amidst a further economic slowdown in a country affected by a lingering political crisis and broad regional conflicts.
Year-end results benefited from recurring operating income from costumers and good asset quality, counterbalancing the persistent economic slowdown, higher corporate taxes, local currency devaluation and lower inflation rate.
THE rise and rise of Jaguar Land Rover has stalled after the economic slowdown in China saw sales slump by a third in the Far East.