recession

S2 W2

BrE /rɪˈseʃn/ AmE /rɪˈseʃn/

noun en → es

1 ECONOMIC SITUATION [singular] B1

a period when the economy of a country is not growing and many people are losing their jobs

recesión, crisis económica

  • the recession

Collocations economic recession · period of recession

  • The country is in the middle of a deep recession.

    El país está en medio de una profunda recesión.

2 PERSONAL FINANCES [singular] B2

a period when someone's personal finances are not improving and they may be losing money or assets

recesión financiera, dificultades económicas

  • personal recession

Collocations financial recession · period of personal recession

  • He's going through a period of personal recession.

    Está pasando por un período de recesión financiera.