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downgrade
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   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.01 sec.
downgrade
Chiefly US and Canadian a downward slope, esp in a road


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NEW YORK -- Fitch Ratings downgrades 11 Financial Security Assurance Inc.
Public Finance rating downgrades since at least 2002, when Fitch began reporting quarterly municipal rating change totals.
The downgrades reflect the effect of increased funding costs on the transaction due to failed auctions.
 
 
 
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