Recession definition
Examples of Recession in a sentence
For example, from February 2020 to February 2021, the hospitality and leisure industry lost nearly 3.5 million jobs.105 While the 99 ▇▇▇ ▇▇▇ ▇▇, Solving the Credit Conundrum: Helping Consumers’ Credit Records Impaired by the Foreclosure Crisis and Great Recession, National Consumer Law Center (Dec.
Within 5 days after the Subscriber’s receipt of the Recession Payment, the Subscriber will return the original Note and Warrant to the Company in exchange for a Note and Warrant corresponding to the Subscriber’s remaining Note principal, interest and Warrants if any.
Long-Term Bluff Recession Rates in the Puget Sound Region: Implications for the Prioritization and Design of Restoration Projects (Prepared for the Estuary and Salmon Restoration Program).
In the challenging environment of the current Recession, which has hit the West Midlands particularly hard, we have experienced a drop in the ‘positive destination’ metric of the DLHE return as shown in the Table below.
Developer’s inability or failure to obtain financing shall not be deemed to be a cause outside the reasonable control of the Developer and shall not be the basis for an excused delay unless such inability, failure, or delay is a direct result of a Severe Economic Recession.
Such actions will include, without limitation, the recision of the amendment to the Employee Non-qualified Stock Option Plan effective January 1, 1997 (the "Plan Recession"), which amendment shall thereafter be of no further force or effect.
The Great Recession hit Georgia hard and by 2009 the unemployment trust fund was depleted, spurring GA to ask for a $721 million dollar loan from the federal government.
Executive holds certain stock options to purchase shares of the Company’s common stock pursuant to the Company’s 2010 Stock Incentive Plan (the “2010 Plan”) and the Replacement Grant that is subject to a new stock incentive plan (the “2016 Plan”) as described in that certain Recession of Excess Option Grants and Grant of New Option Agreements (all of which are referred to herein as the “Option Agreement”) between the Parties dated July 18, 2016.
There are, however, major differences between the Great Depression and the Great Recession.
Because the two recessions followed very different trajectories (i.e., sudden onset and quick recovery during the pandemic recession versus slower increase in unemployment and slower recovery during the Great Recession), we selected study periods according to: 1) the official start date of the recession, and 2) the quarter in which Wisconsin’s monthly unemployment rate was highest.