What is another word for reducing in importance?

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Verb Present participle for to assign an inferior rank or position to relegating downgrading lowering declassing degrading demoting busting delegating disrating putting down lowering in rank lowering in status moving down reducing to the ranks stripping someone of their rank reducing breaking deposing bumping dethroning kicking downstairs taking down a peg reducing in rank kicking down the ladder dismissing humbling devaluing sidelining laying off abasing demeaning belittling undervaluing denigrating debasing depreciating humiliating reverting setting back unseating tearing down casting down bringing down bringing low snubbing taking down disgracing cutting down to size shaming marking down crushing cashiering benching lowering the status of ousting displacing stripping of rank removing from office “Physical as opposed to intangible assets in businesses in advanced economies such as Ireland's are reducing in importance.” Find more words! 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Use our Synonym Finder Nearby Words reducing in quality reducing in rank reducing in scope reducing in speed reducing in value reducing punishment reducing greatly reducing expenditure reducing drastically reducing circumstances reducing by fifty per cent reducing by fifty percent