1. The last or ultimate reduction in rank, status, quality, or rating of something or someone
The company received a final downgrade from the credit agency, indicating severe financial distress.
A empresa recebeu um rebaixamento final da agência de crédito, indicando dificuldades financeiras graves.
2. A definitive lowering of expectations or assessment after previous reductions
After months of poor performance, the analyst issued a final downgrade of the stock.
Após meses de desempenho ruim, o analista emitiu um rebaixamento final da ação.