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Noun(1) the property possessed by a slope or surface that descends(2) slope
Verb(1) rate lower; lower in value or esteem(2) rate lower(3) lower in value or esteem(4) lower in opinion or rank

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(1) In wake of the liquidity and cash flow problems, rating agencies are closely monitoring the institution for a possible downgrade .(2) This recovery was due more to sharp operation on the long downgrade to Hinton than any display of power on the T1's part.(3) Complicating matters was the fact the yard was on a downgrade and cars had to be ridden and hand-braked to prevent them from running out over Strachan Avenue and into the dump.(4) Despite the downgrade to a club level sport, Cross believes Macalester's skiers will still be able to compete in intercollegiate competition.(5) With no suitable alternative location being offered by the Council the removal of the taxi rank is a downgrade in the taxi service of Ballina.(6) a steep downgrade for which he had to put the car in second(7) The track from Brient to Michipicoten is on a heavy downgrade .(8) Investors took that as a hint that a downgrade to junk status may be in the offing.(9) Soon after they resumed, the road crested a hill and began switching back and forth sharply, for the downgrade was very steep.(10) Some analysts have speculated that GM could face a downgrade of its credit rating to junk status.(11) The latest figures issued on Friday on the economy's performance may appear to be a fractional downgrade of no great importance.(12) More importantly, the blanket downgrade of Fitch implies an extraordinary delinquency in respect of its regulatory oversight functions.(13) S&P put the company on negative credit watch on Sept. 12 for a possible downgrade to noninvestment-grade status.(14) Its British broker, downgraded their rating on the company to neutral from buy yesterday morning.(15) The removal of the headquarters effectively downgrades York's military status.(16) Evacuees were not paying council tax and some bandings had been downgraded , reducing the amount of rates collected.