low

/ləʊ/ noun [C]

Definition

› the lowest level that something has reached since it has been measured or during a particular period: hit/fall to a low The company's stock fell to a six-month low.a new/record/all-time low The dollar hit a record low against the euro and was down sharply against the Japanese yen. The price of oil has nearly doubled from last year's lows. → Compare high noun

→ See also historic low

(Definition of low noun from the Cambridge Business English Dictionary © Cambridge University Press)