Downgrade
This is an old revision of this page, as edited by Aschlafly (talk | contribs) at 14:02, August 8, 2011. It may differ significantly from current revision.
A downgrade typically refers to a reduction in the creditworthiness of a nation or institution. Specifically, the downgrade refers to the reduction in the rating of the credit of the United States from "AAA" (the highest) to only AA+ on August 5, 2011.