1 go or shrink back or further off.
2 be left at an increasing distance by an observer's motion.
3 slope backwards (a receding chin).
4 decline in force or value.
5 (foll. by from) withdraw from (an engagement, opinion, etc.).
6 (of a man's hair) cease to grow at the front, sides, etc.
Etymology: ME f. L recedere (as RE-, cedere cess- go)
Useful english dictionary. 2012.