The exact meaning of recede depends upon its context. For example:
"We can't move back in until the floodwaters recede." — diminish and move away
"Her fear receded." — diminished
"The waves first advance and then recede." — move away
"The news story receded into the background as it was replaced by new stories." — received diminished attention
"a receding hairline" — diminished hair (each year the line where hair stops growing is higher)
Behind them, the house was receding into the distance as they rounded the hedge.
Chapter Ten (15% in)
For an instant, Jeremy imagined that he saw the shapes of people or things, but just then the light began to recede, as if being pulled on a string, back toward the center, and even before he realized the lights had vanished, the cemetery had turned black once more.
Chapter Ten (73% in)
There are no more uses of "recede" in True Believer by Sparks.