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English definition of “decline”

decline

noun [C or U]
 
 
/dɪˈklaɪn/
a reduction in the value or amount of something, for example a currency or sales: If sustained, the yen's 12.5% decline against the dollar this month may damp inflation across the region. A quarter of manufacturers reported a decline in production. The housing industry experienced a decline in sales. a rapid/sharp/steep/marked decline a slight/slow/gradual decline
a situation in which a company, country, or financial market gradually becomes less valuable, makes less profit, or produces less: Further economic decline might provoke spontaneous popular protest. Little was being done to reverse the decline in the town's tourist economy. The industry has been in decline for decades.
(Definition of decline noun from the Cambridge Business English Dictionary © Cambridge University Press)
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