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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 ?
The size of the bubbles represents the length of the recession in quarters.
That was the longest recession on record since the Great Depression.
The Great Recession is a term used to describe the general economic decline observed in world markets around the end of the first decade of the 21st century.
Starting with the recessionary period itself, McGranahan and Berman show that fiscal policy was more expansionary during the Great Recession than in any other recession since 1960.
Obviously recession is proving to be a nice little earner for the uppercrust and the banking spivs.
The Great Recession was significantly associated with a lower incidence of health care utilization (Lusardi, Schneider, and Tufano 2010; Dorn et al.
The recent economic experience in the United States following the Great Recession (2007:Q4-2009:Q2) has prompted considerable doubts about the nature of Okun's law.
A recession is a period of at least two quarters of GDP contraction which usually involves job losses, reduced corporate profits and lower government revenue.
In most recessions, non-farm payrolls returned to their pre-recession levels within 25 months.
There are two underlying features in the methods I am using to forecast recession probabilities.
Assistance began during the recession while nearly all states were experiencing Medicaid enrollment increases as indicated by rising unemployment and revenue decreases as indicated by declining wages and salaries.
State tax responsiveness to economic conditions can extend the damage to state finances after a recession ends.