What does downgrading mean or Definition?

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List of meaning for downgrading

reducing something to a lower rank, level, or grade

a change to a lower state or level

a singing career on the downgrade

a downward slope

the gentle downgrade of the parking area is designed for drainage

to bring to a lower grade or rank

increased automation resulted in many jobs in the factory being downgraded

to diminish the price or value of

the company's filing for Chapter 11 downgraded the stock to the point where it was selling for pennies a share

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