recession(rē̍-sĕsh′ŭn), noun [L. recessio, fr. recedere, recessum. See Recede.]

1. The act of receding or withdrawing, as from a place, a claim, or a demand. South.

Mercy may rejoice upon the recessions of justice. Jer. Taylor.

Re-ces′sion noun [Pref. re- + cession.]

The act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign.

-- Webster's unabridged 1913