Definition of “turn down” - English Dictionary

Business

“turn down” in Business English

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turn down

— phrasal verb with turn uk ​ /tɜːn/ us ​ verb [ I or T ]

› ECONOMICS if the economy or market turns down, there is less business activity and fewer opportunities to make money:

When the market turns down, recruitment is one of the first areas companies look at to make savings.
See also
downturn

(Definition of “turn down” from the Cambridge Business English Dictionary © Cambridge University Press)

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