Top Definition
when someone says "no" and you can blame it on the current state of economic affairs.
I asked the dude if i could bum a cigarette.
What'd he say?
It was a recessioNO.
damn.

Friend: can you help me move this weekend?
other friend: RecessioNO. sorry bro. i gotta work.
by abbycdiddy April 12, 2009
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