1. past tense and past participle of downrate; to lower or reduce the rating, ranking, or evaluation of something or someone
Usage: commonly used in finance, credit assessment, and performance evaluation contexts

Examples

• The credit agency downrated the company's bonds after the earnings report disappointed investors.
• Several analysts downrated the stock following the announcement of leadership changes.
• The bank downrated its economic growth forecast for the next quarter.
• After the safety inspection, the restaurant was downrated from five stars to three.
• The rating agency downrated the country's sovereign debt due to rising inflation.