recession

S2 W2

in Vietnamese Thời kỳ suy thoái kinh tế

BrE /rɪˈseʃn/ AmE /rɪˈseʃn/

noun en → vi

1 ECONOMIC SITUATION [singular] B2

Thời kỳ suy thoái kinh tế

a period when the economy is getting worse, especially when there are two or more consecutive quarters of negative economic growth

  • the country is in recession

Collocations economic recession · recession period

  • The country has been in recession for two years.

    Nước này đã rơi vào thời kỳ suy thoái kinh tế trong hai năm.

2 PERSONAL FINANCES [singular] C1

Thời kỳ khó khăn về tài chính cá nhân

a period when a person's financial situation is getting worse, often because they have lost their job or are unable to pay bills

  • someone is in a recession

Collocations personal financial recession · recession period for someone

  • She's been going through a personal recession since she lost her job.

    Cô ấy đã trải qua thời kỳ khó khăn về tài chính cá nhân kể từ khi mất việc.