downgrade downgrade  /ˈdaʊn ˈɡreɪd/

Definition(s):

  1. (n) the property possessed by a slope or surface that descends
  2. (v) rate lower; lower in value or esteem

Usage(s):

  1. A rating downgrade of the monoline companies could be devastating for banks and others who bought insurance protection from them to cover their corporate bond exposure.
  2. The book has been required reading for second-graders for two years, but recently Judith Bailey requested that the Laytonville Unified School District downgrade it to optional.
  3. It did indeed downgrade all three a month later.

News

  1. On The Fly: Analyst Downgrade Summary

    On The Fly: Analyst Downgrade Summary
    on June 19, 2013     Source: Theflyonthewall.com via Yahoo! Finance

  2. Movers & Shakers: Wednesday’s movers: BlackBerry slides on downgrade

    BlackBerry heads south on Wednesday after an analyst downgraded its stock on signs that consumer demand for its new devices remained tepid.
    on June 19, 2013     Source: Market Watch

  3. Rhode Island’s Credit May Dip on Schilling Debt Downgrade

    Rhode Island’s credit rating was put on review for a possible downgrade by Moody’s Investors Service after lawmakers debated defaulting on $75 million in bonds used to lure a company started by former Boston Red Sox pitcher Curt Schilling.
    on June 18, 2013     Source: Bloomberg

Quotes

  1. "While no one likes a downgrade, this review and rating reaffirm the relative strength of the company," chief executive Jeffrey R. Immelt said.
    on Mar 12, 2009 By: Jeffrey Immelt Source: Washington Post

  2. "It's an honor to be on the trophy," said Glover, with one previous PGA Tour victory in his six-year professional career. "I hope I don't downgrade it or anything with my name on there. I'm just as happy and excited as I can be to be on...
    on Jun 22, 2009 By: Lucas Glover Source: MiamiHerald.com

  3. "We're not anti- anything else. We're not trying to downgrade anyone else. But we're trying to promote the family -- family values the Lord's way," Dungy said.
    on Mar 24, 2007 By: Tony Dungy Source: Indianapolis Star

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cursory cursory
/ˈkɜr sə ri /