downgrade

Even a seemingly benign downgrade — from “honorable” to “general discharge under honorable conditions” — makes a difference.

During the presidential race, Trump, who is a resident of Florida, expressed his support for Amendment 3 along with President Joe Biden's efforts to downgrade marijuana to a Schedule III drug.

Chinese consumers are going through a “consumption downgrade,” according to an analysis of mobile payment data by Shanghai Pulse Data Technology Co.

Major ratings companies have warned that the stand-off could lead to a downgrade of the aerospace giant's credit rating, making it more expensive for the firm to borrow.

For example, after Red Bull introduced their first upgrade of the season in Imola, two races later in Canada Mercedes technical director James Allison said he believed it had actually been a downgrade.