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Meaning of “downgrade” in the English Dictionary

"downgrade" in British English

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downgradeverb [T]

uk   /ˌdaʊnˈɡreɪd/  us   /ˌdaʊnˈɡreɪd/
to ​reduce someone or something to a ​lowerrank or ​position, or to ​cause something to be ​considered less ​important or ​valuable: My job's been downgraded to that of ​ordinaryeditor. We can't ​let the ​management downgrade the ​importance of ​safety at ​work.
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downgradenoun [C]

uk   /ˌdaʊnˈɡreɪd/  us   /ˌdaʊnˈɡreɪd/
(Definition of downgrade from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"downgrade" in American English

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downgradeverb [T]

 us   /ˈdɑʊnˌɡreɪd/
to ​reduce someone or something to a ​lowerrank or ​position; to make less ​important or less valued: They threatened to downgrade my ​creditrating if I don’t ​pay the ​billimmediately.
(Definition of downgrade from the Cambridge Academic Content Dictionary © Cambridge University Press)

"downgrade" in Business English

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downgradeverb [T]

uk   /ˌdaʊnˈɡreɪd/  us   /ˈdaʊnɡreɪd/
FINANCE to ​state that something such as a ​company is likely to ​produce less ​profit or ​growth, to be less able to ​pay back ​debt, etc. than was previously ​thought: downgrade ​stocks/​sharesdowngrade sth's rating/status Investment ​bank Merrill Lynch downgraded the company's ​status from '​buy' to 'neutral'. The ​Chancellor blamed ​higheroilprices for the downgraded ​growthforecast.
HR to make a ​job less ​senior, ​skilled, or important than before, or to put someone into a less ​senior or important ​job: The new ​contractseffectively downgraded their ​jobs to ​match their ​colleagues' ​lowerpay. The ​agreement may ​lead to one in six ​staff being downgraded.

downgradenoun [C]

uk   us   /ˈdaʊnɡreɪd/
FINANCE a ​statement that something such as a company's ​profit, ​ability to ​pay back ​debt, etc. will be less than was expected: A creditrating downgrade would ​raise their ​cost of ​borrowing.
(Definition of downgrade from the Cambridge Business English Dictionary © Cambridge University Press)
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“downgrade” in British English

“downgrade” in Business English

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