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downgrade |
Also found in: Financial, Wikipedia | 0.03 sec. |
downgrade Verb [-grading, -graded] to reduce in importance or value
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downgrade 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. |
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| Fitch assigned a 'BBB+' rating to the preferred securities issue planned under ACE's recent shelf registration, while downgrading the rating on existing preferred securities to 'BBB+' from 'A-'. |
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