Source : Webster's Revised Unabridged Dictionary (1913)

Recency \Re"cen*cy\, n. [LL. recentia, fr. L. recens. See
   {Recent}.]
   The state or quality of being recent; newness; new state;
   late origin; lateness in time; freshness; as, the recency of
   a transaction, of a wound, etc.

Source : WordNet®

recency
     n 1: a time immediately before the present [syn: {recentness}]
     2: the property of having happened or appeared not long ago
        [syn: {recentness}]