Define: Recession Resistant

UK Accounting Glossary

Definition: Recession Resistant



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Full Definition of Recession Resistant


An entity which is not greatly affected by a recession. Recession resistance can apply to stocks, companies, businesses, jobs and even entire industries that will be needed during all economic states. For example, an item such as bread may be considered recession-resistant, as people will continue to buy bread regardless of a recession.


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Cite Term


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Page URL
https://payrollheaven.com/define/recession-resistant/
Modern Language Association (MLA):
Recession Resistant. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. March 28, 2020 https://payrollheaven.com/define/recession-resistant/.
Chicago Manual of Style (CMS):
Recession Resistant. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/recession-resistant/ (accessed: March 28, 2020).
American Psychological Association (APA):
Recession Resistant. PayrollHeaven.com. Retrieved March 28, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/recession-resistant/

Definition Sources


Definitions for Recession Resistant are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 25th March 2020.