Business, Legal & Accounting Glossary
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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This glossary post was last updated: 25th March, 2020 | 0 Views.