Define: Recessionary Gap

UK Accounting Glossary

Definition: Recessionary Gap

Quick Summary of Recessionary Gap

What is the dictionary definition of Recessionary Gap?

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Full Definition of Recessionary Gap


Recessionary Gap FAQ's

What causes a recessionary gap?

recessionary gap typically occurs when an economy is approaching a recession. Significant reductions in economic activity for several months will indicate a recession.

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To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Recessionary Gap. Payroll & Accounting Heaven Ltd. November 18, 2019
Chicago Manual of Style (CMS):
Recessionary Gap. Payroll & Accounting Heaven Ltd. (accessed: November 18, 2019).
American Psychological Association (APA):
Recessionary Gap. Retrieved November 18, 2019, from website:

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This glossary post was last updated: 9th August 2019.