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downgrade |
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downgrade verb debase, decline, deduct, deflate, defrock, degrade, demote, depreciate, deprive, discredit, disgrace, disparage, humiliate, mock, pillory, reduce, supersede, suspend, unfrock See also: debase, decline, deduct, demote, deteriorate, discredit, disgrace, disparage, humiliate, reduce How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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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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