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English definition of “depress”

depress

verb [T]
 
 
/dɪˈpres/ ECONOMICS
to reduce the level of something: They maintained that the smoking ban had depressed sales in all their bars. A slow housing market cuts demand and depresses prices for building materials.
to reduce the amount of activity in something such as a business, country, or economy: Fear of unemployment has depressed the housing market.
(Definition of depress from the Cambridge Business English Dictionary © Cambridge University Press)
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