Downrating refers to the act of lowering the assessment or evaluation of something, often in terms of quality, value, or performance. This term is commonly used in financial, environmental, or social contexts where a previously held positive outlook or rating is revised downward, often in response to new information or changing circumstances.
Downrating meaning with examples
- The recent environmental report led to the downrating of several companies' sustainability practices, reflecting the growing concerns over their ecological impact, which had previously been viewed favorably. Investors were quick to react, reassessing their portfolios based on these new ratings.
- After the scandal involving mismanagement, the patient's safety ratings received a downrating, causing the hospital to adjust its protocols and prioritize transparency in their operations to restore public trust and confidence among patients and staff.
- Due to the economic downturn, the country's credit rating saw a dramatic downrating from several major rating agencies. This change prompted immediate concern among investors about potential risks associated with governmental bonds and other financial instruments.
- The movie's initial positive reviews led to high expectations, but after its release, word-of-mouth caused a significant downrating across several film platforms. Critics noted that while the film had high production values, its storyline fell flat, disappointing viewers.
- The shocking results of the annual customer satisfaction survey led to the downrating of the popular restaurant’s reputation. Regular patrons expressed their dissatisfaction with the declining quality of service and food, prompting management to take immediate action for improvement.