decrease

Beginner 💰 Finance / Accounting

Definition

When something gets smaller, fewer, or less impressive—the opposite of what marketing teams promise. In knitting, it's the deliberate reduction of stitches; in budgets, it's what finance asks for right before you need more resources.

Example Usage

The CEO announced a 15% budget decrease, prompting simultaneous panic across all departments.

Source: Merriam-Webster via Standard Dictionary

Related Terms