Recession

Defining Financial Terms - Recession

A recession is a downturn in economic activity, defined by many economists as at least two consecutive quarters of decline in a country’s gross domestic product.

Financial terms can be confusing, and it can be difficult to know how they apply to you and your specific situation. Please reach out any time we can help you learn more and strategically plan to optimize your retirement planning.

Share this article

Other Related Content...

Defining Financial Terms - Yield

Yield

Yield is the annual percentage rate of return on capital. The dividend or interest paid by a company expressed as a percentage of the current

Read More »
Defining Financial Terms - Amortization

Amortization

Amortization is an accounting method which periodically lowers the book value of a loan or an intangible asset over a set period of time. Regarding

Read More »
Defining Financial Terms - Spending Resilience

Spending Resilience

Spending resilience is the ability to maintain financial stability even when markets fluctuate or expenses change. Financial terms can be confusing, and it can be

Read More »

Subscribe for Updates

* indicates required

By signing up, you agree to our Privacy Policy