Etymology
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downturn (n.)

"a decline," 1926 in an economic sense, from the prepositional phrase; see down (adv.) + turn (n.).

updated on October 04, 2018

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Definitions of downturn from WordNet

downturn (n.)
a worsening of business or economic activity;
the market took a downturn
Synonyms: downswing
From wordnet.princeton.edu, not affiliated with etymonline.