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English definition of “run-down”

run-down

noun [S] (also rundown)     US   /ˈrʌnˌdaʊn/
a quick description of a situation , idea , etc. that explains the main points : a rundown of sth The following is a rundown of our most recent deals . He gave us a run-down of the company's financial situation .
ECONOMICS the process of making a business or industry smaller or of ending its operations completely : the rundown of sth The region has been battered by the rundown of the coal and steel industries . The party accuses the Prime Minister of promoting the rundown of manufacturing employment .
(Definition of run-down noun from the Cambridge Business English Dictionary © Cambridge University Press)
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