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• n  the property possessed by a slope or surface that descends
• v  rate lower; lower in value or esteem

• 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.
• 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.
• It did indeed downgrade all three a month later.

• upgrade

News & Articles

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• On The Fly: Analyst Downgrade Summary
  On The Fly: Analyst Downgrade Summary
  June 19, 2013 - Theflyonthewall.com via Yahoo! Finance
• 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.
  June 19, 2013 - Market Watch
• 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.
  June 17, 2013 - Bloomberg

Quotes

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• Jeffrey Immelt in Washington Post
  While no one likes a downgrade, this review and rating reaffirm the relative strength of the company,chief executive Jeffrey R. Immelt said.
• Lucas Glover in MiamiHerald.com
  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...
• Tony Dungy in Indianapolis Star
  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.