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A period of negative economic growth. In most parts of the world a recession is technically defined as two consecutive quarters of negative economic growth - when real output falls. In the United States, a larger number of factors are taken into account, like job creation and manufacturing activity.
Economic Glossary is a list of over 2, common economic terms definitions. With our Economics dictionary, you look up economic definitions . Computer-controlled terminals located on the premises of financial institutions or elsewhere, through which customers may make deposits, withdrawals, or other transactions as they would through a bank teller. Other terms sometimes used to describe such terminals are customer-bank communications terminal (CBC) and remote service .
Economy terms with their definitions. Learn and know the meaning of these Economy terms by their definitions here at The Economic Times. Go through the glossary of financial terms and know the meaning of all financial terms through their definitions here at The Economic Times.