Definition, Meaning & Synonyms

downmarket

adjective
/ˈdaʊnˌmɑːrkɪt/
Definition
Referring to products, services, or markets that are lower in quality or aimed at less affluent customers.
Examples
  • Many downmarket stores offer affordable clothing for those on a tight budget.
  • While the restaurant has a downmarket vibe, the food is surprisingly excellent.
  • Investors are wary of downmarket properties that may not appreciate in value.
Meaning
Downmarket describes items that are cheaper or of lower quality, often appealing to a more budget-conscious demographic.
Synonyms
  • budget
  • economical
  • low-end
  • inexpensive
  • discount