Background Plants have adapted to survive seasonal life-threatening frost and drought. However, the timing and frequency of such events are impacted by climate change, jeopardising plant survival. Understanding better the strategies of survival to dehydration stress is therefore timely and can be enhanced by the cross-fertilization of research between disciplines (ecology, physiology), models (woody, herbaceous species) and types of stress (drought, frost). Scope We build up on the ‘growth-stress survival’ trade-off, which underpins the identification of global plant strategies across environments along a ‘fast-slow’ economics spectrum. Although phenological adaptations such as dormancy are crucial to survive stress, plant global strategies along the ‘fast-slow’ economic spectrum rarely integrate growth variations across seasons. We argue that the ‘growth-stress survival’ can be a useful framework to identify convergent plant ecophysiological strategies to survive both frost and drought. We review evidence that reduced physiological activity, embolism resistance and dehydration tolerance of meristematic tissues are interdependent strategies that determine thresholds of mortality among plants under severe frost and drought. We show that complete dormancy, ie. the programmed growth cessation, before stress occurrence, minimizes water flows and maximizes dehydration tolerance during seasonal life-threatening stresses. We propose that incomplete dormancy, i.e. the programmed reduction of growth potential during the harshest seasons, could be an overlooked but major adaptation across plants. Quantifying stress survival in a range of non-dormant vs. winter- or summer-dormant plants, should reveal to which extent, incomplete to complete dormancy could represent a proxy for dehydration tolerance and stress survival. Conclusions Our review of the strategies involved in dehydration stress survival suggests that winter and summer dormancy are insufficiently acknowledged as plant ecological strategies. Incorporating a seasonal ‘fast-slow’ economics spectrum into global plant strategies improves our understanding of plant resilience to seasonal stress and refine our prevision of plant adaptation to extreme climatic events.