Meaning of “second-tier” in the English Dictionary

business-english dictionary

"second-tier" in Business English

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second-tieradjective [ before noun ]

uk us

used to describe a product, organization, etc. that is not among the biggest, most successful, or most important of its type:

Savings levels in second-tier regional banks are showing steady growth this quarter.
second-tier perfume brands

(Definition of “second-tier” from the Cambridge Business English Dictionary © Cambridge University Press)