A recession is a written instrument that gives a creditor an interest in real property being acquired by a debtor as security for the debt's payment.

Name: A recession is a written instrument that gives a creditor an interest in real property being acquired by a debtor as security for the debt's payment.
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A recession is an economic term referring to a period of temporary economic decline, not a financial instrument related to property and debt.

A Recession Is a Written Instrument That Gives a Creditor