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English definition of “trickle-down”

trickle-down

adjective [before noun]    
ECONOMICS relating to the idea that poor people experience positive effects when rich people get richer and spend more money: The Westernized elite dominate economically, but there is no trickle-down economic benefit to the urban poor. Trickle-down economics posits that tax cuts for the wealthy indirectly enrich others.
relating to a situation in which something that starts at the top of an organization, system, etc. spreads to all of it: When retailers are not selling goods, there is a trickle-down effect, and we will see a broader slowdown across many sectors.
(Definition of trickle-down adjective from the Cambridge Business English Dictionary © Cambridge University Press)
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