downturnnoun [ C usually singular ]
uk/ˈdaʊn.tɜːn/us/ˈdaʊn.tɝːn/a reduction in the amount or success of something, such as a country's economic activity:
the continuing economic downturn
There is evidence of a downturn in the housing market.
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upturn
Thesaurus: synonyms and related words
Price decreases
- bearish
- cheapen
- closeout
- concession
- cut-price
- deduction
- deflate
- deflation
- depreciation
- discount
- knock
- knock sb/sth down
- mark
- offer
- put
- put sth down 1
- roll
- roll sth back
- slump
- tumble
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You can also find related words, phrases, and synonyms in the topics:
Economics