backdown
/ˈbækdaʊn/Definitions
1. verb
to give up or yield, especially in a contest or argument
“The government was forced to back down on its tax reform proposal.”
2. noun
a withdrawal from a position or a decision, especially as a result of pressure or opposition
“The company’s backdown on the merger surprised many investors.”
3. noun
a sudden or unexpected retreat, especially in a battle or other contest
“The enemy’s backdown gave us a crucial advantage on the battlefield.”
4. noun
a reduction in the level of something, especially a decrease in a price or an amount
“The store’s backdown on the price of the TV was a major selling point.”