Recession

Noun

1. The act or an instance of receding or withdrawing.
2. A period of low temperatures that causes a reduction in species; ice age.
3. A period of reduced economic activity.

   "Statisticians often define a recession as negative real GDP growth during two consecutive quarters."

4. The ceremonial filing out of clergy and/or choir at the end of a church service.
5. The act of ceding something back.