record low Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “record low” in the English Dictionary

"record low" in Business English

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record lownoun [C]

uk   us  
the ​lowestamount or ​level that something has ever ​reached: The ​officialdiscountrate remains unchanged at a ​recordlow of 0.5%. Unemployment is near ​recordlows, and the second ​quarter has ​posted a ​strong 3.4% ​growthrate. On the ​foreignexchangemarkets, the ​dollarfellsharply last night to a new ​recordlow against the ​euro.fall/drop/sink to a record low Yields have ​fallen to ​recordlows and most ​fundmanagers now believe the best ​returns will be ​found outside the UK.hit/reach a record low Manufacturing ​jobshit a ​recordlow of 3.3 million.cut/lower/send sth to a record low A ​profitwarningsentsharestumbling to a ​recordlow.
(Definition of record low from the Cambridge Business English Dictionary © Cambridge University Press)
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