Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “downgrade”

See all translations

downgrade

verb [T]
 
 
/ˌdaʊnˈɡreɪd/ US   /ˈdaʊnɡreɪd/
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.
Translations of “downgrade”
in Chinese (Traditional) (使)降級, (使)降職, 貶低…
in Russian понижать в должности…
in Turkish (makam, mevki, rütbe…
in Chinese (Simplified) (使)降级, (使)降职, 贬低…
in Polish zdegradować, obniżać…
(Definition of downgrade verb from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of downgrade?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “downgrade”

Definitions of “downgrade” in other dictionaries

Word of the Day

ditto

used to agree with something that has just been said, or to avoid repeating something that has been said

Word of the Day

Euphemisms (Words used to Avoid Offending People)

by Kate Woodford,
March 04, 2015
​​​ We recently looked at the language that we use to describe lies and lying. One area of lying that we considered was ‘being slightly dishonest, or not speaking the complete truth’. One reason for not speaking the complete truth is to avoid saying something that might upset or offend people. Words and

Read More 

snapchat verb

March 02, 2015
to send someone a message using the photomessaging application Snapchat We used to have a thing until he got a girlfriend. now

Read More