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English definition of “downgrade”

downgrade

verb [T] uk   /ˌdaʊnˈɡreɪd/ us  
to reduce someone or something to a lower rank or position, or to cause something to be considered less important or valuable: My job's been downgraded to that of ordinary editor. We mustn't let management downgrade the importance of safety at work.
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downgrade

noun [C] uk   /ˌdaʊnˈɡreɪd/ us  
the process of downgrading: A credit rating downgrade would raise their cost of borrowing.
(Definition of downgrade from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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