degression

de·gres·sion

 (dĭ-grĕsh′ən, dē-)
n.
A descent by stages or steps.

[Middle English, from Medieval Latin dēgressiō, dēgressiōn-, descent, from Latin dēgressus, past participle of dēgredī, to step down : dē-, de- + gradī, to step; see ghredh- in Indo-European roots.]

de·gres′sive adj.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

degression

(dɪˈɡrɛʃən)
n
1. a decrease by stages
2. (Economics) a gradual decrease in the tax rate on amounts below a specified sum
[C15: from Medieval Latin dēgressiō descent, from Latin dēgredī to go down, from de- + gradī to take steps, go]
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
References in periodicals archive
Le management du groupe explique cette degression de l'activite par le recul du nombre d'unites mises en chantier.
Last Thursday the Department of Energy and Climate Change (DECC) announced a review of the FiT scheme, proposing a set of measures including revised tariffs based on updated technology cost data, a more stringent degression mechanism and deployment caps leading to the phased closure of the scheme in 2018-19.
This negative aspect in the form of degression was gradually eased by increasing the ceilings, and in 2013 the ceilings for health insurance levies were cancelled.
Simon Cross, commercial director at The Wood Heating Company, said: "Biomass is seen as an investment and just before each tariff degression, we see a flurry of activity - people eager to take advantage.
For the facilities coming on stream prior to March 2015, the FIT incentive will still be at P9.68 per kilowatt hour (kWh) while those commissioning commercially after that will have to contend with lower FITs that could either be based on the prescribed degression rate or as may be approved by the ERC.
Hydro is a well-established technology, and the object of degression is to drive down technology costs.
Purchase guarantees were extended for a period of 20 years, albeit accounting for progressive reductions, in a mechanism known as "tariff degression" [39].
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