| 单词 | race to the bottom |
| 释义 | > as lemmasrace to (also for) the bottom race to (also for) the bottom n. originally U.S. Finance the progressive degeneration of standards or elimination of regulations (in a market, business, etc.) due to the pressures of competition; (more generally) a progressive or deliberate deterioration of standards. ΚΠ 1974 Yale Law Jrnl. 83 666 The best example of ‘the race for the bottom’ appears in the Report of the Corporation Law Revision Commission of New Jersey. 1988 Washington Post (Electronic ed.) 4 July f7 A major argument for federal legislation always has been that local governments would engage in a ‘race for the bottom’, a drive to be more permissive in order to lure new employers. 1993 M. J. Roe in Deal Decade 347 State corporate law is a race to the bottom, as states pander to managers by providing weak, promanagerial, antishareholder corporate law. 2005 Guardian (Nexis) 10 Jan. 2 There are recurring complaints about dumbing-down. Some journalists distinguish their trade while others demean it... As circulations decline, there is a race to the bottom. < as lemmas |
| 随便看 |
|
英语词典包含1132095条英英释义在线翻译词条，基本涵盖了全部常用单词的英英翻译及用法，是英语学习的有利工具。