Definition

Describing a time or situation that happens before an economic decline.

Example

The prerecession period was marked by high consumer spending and investment.

Conversation

Have you noticed how things were so different prerecession?

Yeah, it felt like everyone was spending freely back then.

I remember the excitement in the markets prerecession, it was quite a sight.

Absolutely! It’s hard to believe how quickly things changed.

Synonyms & Antonyms

Root Explanation

Prerecession → It is formed from "pre-" (meaning before) and "recession" (from Latin "recessio", meaning a going back or withdrawal). The word "prerecession" refers to the period before a recession occurs.

Memory Tip

Think of 'pre-' meaning before, and 'recession' as a withdrawal from economic activity — so prerecession is the time before that economic slowdown.

Visually Confused Words