decline
verb [ I ]
uk/dɪˈklaɪn/ usto become less, worse, or lower in value:
Milk production could decline by 15% or more in the late summer months.
declining prices/profits/sales/interest rates
Even though interest rates could decline further, they are now near their lowest point.
decline sharply/rapidly/dramatically
decline gradually/steadily/slowly
Among economists, the widespread view is that the dollar will keep declining.
to make less profit, or produce less:
a declining economy/industry/market The plan will reduce profits for the declining commercial fishing industry.
decline
noun [ C or U ]
uk/dɪˈklaɪn/ usa reduction in the value or amount of something, for example a currency or sales:
If sustained, the yen's 12.5% decline against the dollar this month may damp inflation across the region.
A quarter of manufacturers reported a decline in production.
The housing industry experienced a decline in sales.
a rapid/sharp/steep/marked decline
a slight/slow/gradual decline
a situation in which a company, country, or financial market gradually becomes less valuable, makes less profit, or produces less:
Further economic decline might provoke spontaneous popular protest.
Little was being done to reverse the decline in the town's tourist economy.
The industry has been in decline for decades.