Focus on the pronunciation of downgrade
English definition of “downgrade”
/ˈdaʊngreɪd/ verb [T]
› FINANCE to state that something such as a company is likely to produce less profit or growth, to be less able to pay back debt, etc. than was previously thought: downgrade stocks/sharesdowngrade sth's rating/status Investment bank Merrill Lynch downgraded the company's status from 'buy' to 'neutral'. The Chancellor blamed higher oil prices for the downgraded growth forecast.
› HR to make a job less senior, skilled, or important than before, or to put someone into a less senior or important job: The new contracts effectively downgraded their jobs to match their colleagues' lower pay. The agreement may lead to one in six staff being downgraded.