U-shaped recession

English

Noun

U-shaped recession (countable and uncountable, plural U-shaped recessions)

  1. (economics) An economic decline of a prolonged period of little or no growth, and one that requires a long time from which to recover.
This article is issued from Wiktionary. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.