English

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Etymology

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Blend of pandemic +‎ recession.

Noun

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pancession

  1. (neologism) The economic recession caused by the COVID-19 pandemic.
    • 2021 June 26, Arthur Rempel, Joyeeta Gupta, “Fossil fuels, stranded assets and COVID-19: Imagining an inclusive & transformative recovery”, in World Development, volume 146, Amsterdam: Elsevier, →DOI, →ISSN, →OCLC, page 10, column 2:
      Uncertainties persist around our scenarios for post-pancession recovery. An inclusive & transformative recovery is the most equitable and desirable, but how feasible is it? What are the legislative, litigative and political obstacles to phasing out fossil fuels and governing stranded assets in the midst of a pancession?

Usage notes

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  • The term is uncommon, and has seen relatively little use since 2021.