noun
- the act or process of reducing a rating, score, or assessment to a lower level
Usage: commonly used in finance, credit, and performance contexts
verb
- to reduce the rating, score, or assessment of something or someone to a lower level
Usage: third-person singular present or present participle form of 'downrate'
Examples
- The credit agency announced a downrating of the company's bonds due to declining revenues.
- After the poor quarterly results, analysts are downrating the stock from 'buy' to 'hold'.
- The downrating of the restaurant's health inspection score prompted immediate corrective action.
- Several financial institutions are downrating their economic growth forecasts for next year.
- The downrating process requires careful review of all relevant performance metrics.
- Investors reacted negatively to the downrating of the municipal bonds.