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Shakeout vs Recession - What's the difference?

shakeout | recession |

As nouns the difference between shakeout and recession

is that shakeout is an event that causes marginal constituents to be eliminated while recession is the act or an instance of receding or withdrawing.

shakeout

English

Noun

(en noun)
  • An event that causes marginal constituents to be eliminated.
  • :The dot-com shakeout of the 1990s left only the most durable, most profitable, and most well backed companies surviving.
  • (engineering) The separation of molds from their flask, the castings from the molding sand, and potentially the cores from the castings.

    • 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