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Rescission vs Recession - What's the difference?

rescission | recession |

As nouns the difference between rescission and recession

is that rescission is an act of removing, taking away, or taking back while recession is the act or an instance of receding or withdrawing.

rescission

English

(wikipedia rescission)

Noun

(en noun)
  • An act of removing, taking away, or taking back.
  • (legal) The undoing of a contract; repeal.

    • Synonyms

    * rescindment * rescinsion

    Related terms

    * rescind

    References

    Anagrams

    *

    recession

    English

    (wikipedia recession)

    Noun

    (en noun)
  • The act or an instance of receding or withdrawing.
  • * Jeremy Taylor
    • Mercy may rejoice upon the recessions of justice.
  • A period of reduced economic activity
    • ''Statisticians often define a recession as negative, real GDP growth during two consecutive quarters.
  • The ceremonial filing out of clergy and/or choir at the end of a church service.

    • Synonyms

    * (receding) withdrawal * (ceremonial) return procession

    Antonyms

    * (period of reduced economic activity) boom

    Derived terms

    * recessionary * recessionista