Usually means: Economic decline across consecutive quarters.
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We found 52 dictionaries that define the word recession:

General (25 matching dictionaries)
  1. recession: Merriam-Webster.com
  2. recession: Oxford Learner's Dictionaries
  3. recession, recession: American Heritage Dictionary of the English Language
  4. recession: Collins English Dictionary
  5. recession: Vocabulary.com
  6. Recession, recession: Wordnik
  7. recession: Cambridge Advanced Learner's Dictionary
  8. recession: Wiktionary
  9. recession: Webster's New World College Dictionary, 4th Ed.
  10. recession: The Wordsmyth English Dictionary-Thesaurus
  11. recession: Infoplease Dictionary
  12. recession: Dictionary.com
  13. recession: Online Etymology Dictionary
  14. recession: Cambridge Essential American English Dictionary
  15. Recession (disambiguation), Recession, The Recession: Wikipedia, the Free Encyclopedia
  16. Recession: Online Plain Text English Dictionary
  17. recession: Webster's Revised Unabridged, 1913 Edition
  18. recession: Rhymezone
  19. recession: AllWords.com Multi-Lingual Dictionary
  20. recession: Webster's 1828 Dictionary
  21. recession: Free Dictionary
  22. recession: Mnemonic Dictionary
  23. recession: Dictionary/thesaurus

Business (16 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. recession: Webster's New World Finance & Investment Dictionary
  3. INVESTORWORDS (No longer online)
  4. recession: Glossary of research economics
  5. Recession: Moneyterms
  6. Terms related to the Federal Reserve, banking and economics (No longer online)
  7. recession: Finance-Glossary.com
  8. Recession: Inflation Glossary
  9. Bouvier's Law Dictionary 1856 Edition (No longer online)
  10. Recession: Investopedia
  11. Recession: Securities Terminology
  12. recession: Legal dictionary
  13. recession: Financial dictionary
  14. Accounting, Business Studies and Economics Dictionary (No longer online)
  15. BusinessDictionary.com (No longer online)
  16. Yahoo Tax Center Glossary (No longer online)

Computing (1 matching dictionary)
  1. recession: Encyclopedia

Medicine (5 matching dictionaries)
  1. Dorland's Illustrated Medical Dictionary (No longer online)
  2. Recession: MedFriendly Glossary
  3. recession: Sound Alike Words
  4. online medical dictionary (No longer online)
  5. recession: Medical dictionary

Miscellaneous (1 matching dictionary)
  1. Political (No longer online)

Science (2 matching dictionaries)
  1. Botanical Terms (No longer online)
  2. Recession: Extragalactic Astronomy

Slang (1 matching dictionary)
  1. recession, the recession: Urban Dictionary

Tech (1 matching dictionary)
  1. Glossary of Meteorology (No longer online)

(Note: See recessionary as well.)

Definitions from Wiktionary (
)
American English Definition British English Definition
noun:  The act or an instance of receding or withdrawing.
noun:  A period of low temperatures that causes a reduction in species; ice age.
noun:  (economics) A period of reduced economic activity
noun:  The ceremonial filing out of clergy and/or choir at the end of a church service.
noun:  The act of ceding something back.
noun:  (surgery) A procedure in which an extraocular muscle is detached from the globe of the eye and reattached posteriorly.

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