TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

PHASE RECESSION [1 record]

Record 1 2011-05-25

English

Subject field(s)
  • Economic Fluctuations
  • Investment
DEF

A sharp and severe drop in economic activity resulting in high unemployment, a severe drop in prices, and a decline in investment.

French

Domaine(s)
  • Fluctuations économiques
  • Investissements et placements

Spanish

Campo(s) temático(s)
  • Fluctuaciones económicas
  • Inversiones
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