Recessionista

DEFINITION of 'Recessionista'

A person who is able to remain stylish during times of economic hardship. A recessionista can shop on a limited budget and still manage to be up to date on the most current fashions. A recessionista does not let a bad economy, inflation, or a strong recession damage his or her wardrobe and opts to search for sales and shop at thrifty discount stores instead.

BREAKING DOWN 'Recessionista'

The term recessionista derives from a combination of the words recession and fashionista. It is used to make light of a bad situation and demonstrate how people can maintain their lifestyles in times of struggle.

RELATED TERMS
  1. Rose-Colored Recession

    The unexpected optimism market observers sometimes experience ...
  2. Recession Rich

    A slang term used to describe an individual who manages to do ...
  3. Recession

    A significant decline in activity across the economy, lasting ...
  4. Compulsive Shopping

    An unhealthy obsession with shopping that materially interferes ...
  5. Garage Liability Insurance

    Insurance typically purchased by automobile dealerships and repair ...
  6. Hardship Exemption

    An approved excuse from paying a penalty fee for not having health ...
Related Articles
  1. Active Trading Fundamentals

    Recession: What Does It Mean To Investors?

    Understanding the business cycle and your own investment style can help you cope with an economic decline.
  2. Economics

    Industries That Thrive On Recession

    Find out where to turn when looking to invest in a tumultuous market.
  3. Economics

    Industries That Thrive On Recession

    Recessions are not equally hard on everyone. In fact, there are some industries that even flourish amid the adversity.
  4. Personal Finance

    Top 4 Things To Know About The Last Double-Dip Recession

    The financial media and investors are haunted with the prospect of a double-dip recession. We look to the past to see if a double-dip recession is in our future.
  5. Savings

    Winning Retailers Amid Sales Slump

    Declining department store retail sales and the exceptions to the rule after the end of the Great Recession.
  6. Budgeting

    Lose 10 Pounds Of Overspending

    Bad spending habits are not always obvious. What could you be doing to ensure that your money's going where it should?
  7. Options & Futures

    5 Money-Saving Shopping Tips

    Reducing the amount you spend is the easiest way to make your money grow.
  8. Economics

    What Causes A Recession?

    Many factors contribute to a recession, but the biggest one is inflation.
  9. Personal Finance

    Why You Should Embrace Online Shopping

    If you haven't shopped online before, you're missing out.
  10. Budgeting

    You'll Be More Thankful If You Stick To A Thanksgiving Budget. Here's How.

    Before buying your turkey and trimmings, plan and budget to keep costs under control.
RELATED FAQS
  1. What does it mean if something is described as "recession-proof?"

    Learn about the attributes of a recession, including the definition of a recession-proof item and examples of recession-proof ... Read Answer >>
  2. What's the best investing strategy to have during a recession?

    Figure out how to take advantage of recessions, what assets to buy and which ones to avoid. Recessions are where some great ... Read Answer >>
  3. Why does unemployment tend to rise during a recession?

    Learn what a recession is, some attributes of an economy in a recession, and why the unemployment rate tends to have a domino ... Read Answer >>
  4. How do financial markets react to recessions?

    Learn more about the relationship between recessions and financial markets by identifying the fundamental characteristics ... Read Answer >>
  5. What is a growth recession?

    A growth recession is an instance in which an economy grows at such a slow pace that it creates net unemployment, meaning ... Read Answer >>
  6. What causes recessions?

    Learn more about possible explanations of recessions in the business cycle, including how individual firms react to changing ... Read Answer >>
Hot Definitions
  1. Labor Market

    The labor market refers to the supply and demand for labor, in which employees provide the supply and employers the demand. ...
  2. Demand Curve

    The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity ...
  3. Goldilocks Economy

    An economy that is not so hot that it causes inflation, and not so cold that it causes a recession. This term is used to ...
  4. White Squire

    Very similar to a "white knight", but instead of purchasing a majority interest, the squire purchases a lesser interest in ...
  5. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
  6. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
Trading Center