record low - definition in the Business English Dictionary - Cambridge Dictionaries Online (US)

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English definition of “record low”

record low

noun [C]
 
 
the lowest amount or level that something has ever reached: The official discount rate remains unchanged at a record low of 0.5%. Unemployment is near record lows, and the second quarter has posted a strong 3.4% growth rate. On the foreign exchange markets, the dollar fell sharply last night to a new record low against the euro.fall/drop/sink to a record low Yields have fallen to record lows and most fund managers now believe the best returns will be found outside the UK.hit/reach a record low Manufacturing jobs hit a record low of 3.3 million.cut/lower/send sth to a record low A profit warning sent shares tumbling to a record low.
(Definition of record low from the Cambridge Business English Dictionary © Cambridge University Press)
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