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English definition of “decline”

decline

verb [I]
 
 
/dɪˈklaɪn/
to become less, worse, or lower in value: Milk production could decline by 15% or more in the late summer months. declining prices/profits/sales/interest rates Even though interest rates could decline further, they are now near their lowest point. decline sharply/rapidly/dramatically decline gradually/steadily/slowly Among economists, the widespread view is that the dollar will keep declining.
to make less profit, or produce less: a declining economy/industry/market The plan will reduce profits for the declining commercial fishing industry.
(Definition of decline verb from the Cambridge Business English Dictionary © Cambridge University Press)
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