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downgrade
(redirected from downgrades)

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.03 sec.
downgrade
Chiefly US and Canadian a downward slope, esp in a road


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In 2003, the life/health insurance industry experienced a gradual downward migration in credit quality, with Best's Rating downgrades outnumbering upgrades by more than a 2-to-1 margin, according to a special report by the A.
As such, Fitch downgrades this class to 'CC' from 'CCC'.
In first-half 2005, downgrades closed the gap on upgrades as the ratio of downgrades to upgrades approached 1:1, compared with a ratio of 0.
 
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