Definition of “record low” - English Dictionary


“record low” in Business English

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record lownoun [ C ]

uk us

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)