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English definition of “low-grade”

low-grade

adjective    
of a bad quality or low level: Expanding car ownership and low-grade gasoline have made traffic the leading source of air pollution in major Chinese cities. low-grade jobs/work
FINANCE used to describe financial products with a high level of risk: The risk of default is high on these low-grade bonds.
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(Definition of low-grade adjective from the Cambridge Business English Dictionary © Cambridge University Press)
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