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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 verb from the Cambridge Business English Dictionary © Cambridge University Press)
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