deterioration

American  

[dih-teer-ee-uh-rey-shuhn] / dɪˌtɪər i əˈreɪ ʃən /

noun

1. the act or process of deteriorating.

2. the state or condition of having deteriorated.

3. a gradual decline, as in quality, serviceability, or vigor.

---

Other Word Forms

• nondeterioration noun

Etymology

Origin of deterioration

1650–60; < Late Latin dēteriōrātiōn- (stem of dēteriōrātiō ), equivalent to dēteriōrāt ( us ) ( deteriorate ) + -iōn- -ion

Example Sentences

While pockets of stress are emerging within private credit, the issues appear isolated rather than indicative of widespread deterioration in lending standards or balance-sheet quality.

From MarketWatch

Instead, they have signaled the Fed is likely to leave rates where they are until either the labor market shows signs of outright deterioration or inflation declines.

From The Wall Street Journal

The U.S. economy was in a vulnerable state before the war and will experience further deterioration in coming months, said Brian Bethune, an economist at Boston College.

From MarketWatch

“A deterioration there could imply that the three years plus of a supportive macro backdrop for markets is coming to an end.”

From Barron's

Input cost inflation rose at its fastest rate in just over three years, while the overall level of output growth was dragged by a deterioration in new orders, the survey said.

From The Wall Street Journal

Related Words

• decline
• degradation
• depreciation
• devaluation
• disintegration
• dislocation
• downturn
• slump
• worsening