Outrageously Funny Word Dictionary :: Recedent

👉 The term "recedent" is a historical concept in economic analysis, which refers to the period of time when a country's economy has been experiencing significant changes and growth. This period can be defined as one or more years where there was a sustained increase in domestic consumption, investment, and output, leading to an overall improvement in the standard of living for many households. In economic theory, recedent refers to the point at which the growth rate of a country's economy reaches its "peak

recedent