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 Resistant

    An entity which is not greatly affected by a recession. Recession ...
  3. Recession Rich

    A slang term used to describe an individual who manages to do ...
  4. SEC Form ADV-H

    An application for either a temporary or continuing hardship ...
  5. Recession

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

    An unhealthy obsession with shopping that materially interferes ...
Related Articles
  1. Insights

    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. Insights

    Industries That Thrive On Recession

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

    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 5 Shopping Apps of 2016

    Explore Goldman Sachs' list of the five best shopping apps and the basis for its call for $50 billion in sales to shift to online apparel sites in four years.
  5. Personal Finance

    Winning Retailers Amid Sales Slump

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

    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. Insights

    What Causes A Recession?

    Many factors contribute to a recession, but the biggest one is inflation.
  8. Small Business

    The Impact Of Recession On Businesses

    Find out how this economic cycle affects both small and big business.
  9. Personal Finance

    5 Money-Saving Shopping Tips

    Reducing the amount you spend is the easiest way to make your money grow.
  10. Personal Finance

    Sneaky Strategies That Fuel Overspending

    Find out how to avoid six of the worst vender ploys this holiday shopping season.
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 causes recessions?

    Learn more about possible explanations of recessions in the business cycle, including how individual firms react to changing ... Read Answer >>
  6. 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 >>
Hot Definitions
  1. Federal Direct Loan Program

    A program that provides low-interest loans to postsecondary students and their parents. The William D. Ford Federal Direct ...
  2. Cash Flow

    The net amount of cash and cash-equivalents moving into and out of a business. Positive cash flow indicates that a company's ...
  3. PLUS Loan

    A low-cost student loan offered to parents of students currently enrolled in post-secondary education. With a PLUS Loan, ...
  4. Graduate Record Examination - GRE

    A standardized exam used to measure one's aptitude for abstract thinking in the areas of analytical writing, mathematics ...
  5. Graduate Management Admission Test - GMAT

    A standardized test intended to measure a test taker's aptitude in mathematics and the English language. The GMAT is most ...
  6. Magna Cum Laude

    An academic level of distinction used by educational institutions to signify an academic degree which was received "with ...
Trading Center