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English definition of “lower”

lower

verb [T]
 
 
/ˈləʊər/
to reduce the level, price, etc. of something: lower costs/rates/prices There was growing pressure on banks to lower interest rates and ease the availability of credit. Landmark legislation requires California to lower greenhouse gas emissions by 25% by 2020. He accused universities of lowering standards in order to raise income. → Compare raise verb
(Definition of lower from the Cambridge Business English Dictionary © Cambridge University Press)
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