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Recession Boyfriend 

Someone you normally wouldn't be excited about dating but we are in a recession and they have money, so you go out with them
Girl 1- I am going out with the okay contract lawyer
Girl 2-- Yea, he is such a recession boyfriend
Recession Boyfriend by Hipster3`1 December 26, 2008

recession video 

a wave of music videos by mainstream artists with uncharacteristically low budgets, giving a somewhat cheapened feel to the video. signs include single venues, maybe one or two cars, a lack of jewelry (excluding jewelry owned by the artist beforehand), animation, and a cheaper grade of video vixen.
Thing 1: you seen that Every Girl video? that shit was TOO nice!

Thing 2: man that was a fuckin recession video. it was one car in a warehouse with fuckin cartoons and like 50 off-the-corner hoes. shit was wack.

Recession whore 

A person who uses the recession as an excuse to free load off others without shame or feeling of resentment. This is used to prevent a person from using their own money and spending or using other people's money. It's pretty much like selling yourself (like your time, looks, etc.) for free stuff in order to survive the recession.
That girl is such a recession whore, she only uses him when she wants to free drinks.

recessionomics 

The branch of social science that deals with the practice of having no cash money.
The California government majored in recessionomics.

I can't go out to night, I'm studying recessionomics.
recessionomics by _Californian_ August 3, 2009

recessionitis 

noun: the new disease. Much like chronic bronchitis that can take months, even years to go away.

The new excuse to not do anything. This is the act of excluding yourself from social activities because you simply just can't afford it.

see also: recessionista
Amber: Hey are you coming out to the bar tonight?

Amy: Ahh man I wish I could... but I have a really bad case of recessionitis.
recessionitis by ae123456 March 4, 2009
Word of the Day on March 28, 2009

recession 

Recession is the decline in a country's gross domestic product (GDP), or negative real economic growth, for two or more successive quarters of a year. The term recession, however, has been utilized in recent decades by politicians to distort the economic outlook and reframe in more positive terms rather than have to address the looming economic depression.
Ralph: Dude, the feds just lowered interest rates and backed a takeover of a large investment bank after acknowledging that we might be in a recession.

Ted: This recession's been going on since Bush took over. How long until we call it an economic depression?
recession by Kate Sjostrand March 21, 2008