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downgrade |
Also found in: Financial, Encyclopedia, Wikipedia | 0.02 sec. |
downgrade Verb [-grading, -graded] to reduce in importance or value To determine that classified information requires, in the interests of national security, a lower degree of protection against unauthorized disclosure than currently provided, coupled with a changing of the classification designation to reflect such a lower degree. ThesaurusLegend: Synonyms Related Words Antonyms
downgrade How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Many of these classes were previously downgraded by Fitch on May 28, 2004. The most notable rating activity occurred in the automotive sector, with General Motors being downgraded twice by Fitch in first-half 2005, most recently to 'BB+' in May. NEW YORK -- Fitch Ratings has downgraded 12 classes (approximately $208 million in outstanding principal) and affirmed nine classes (approximately $58 million) of United Companies Financial Corp. |
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