Recession
Legal definition for Indian law research
Definition
Recession, a re-grant.
A period charaterized by a sharp slowdown an economic activity declining employment and a decrease in investment and consumer spending, Black's Law Dictionary, 7th Edn.
A period charaterized by a sharp slowdown an economic activity declining employment and a decrease in investment and consumer spending, Black's Law Dictionary, 7th Edn.
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.