climbdown
Noun

climbdown (plural climbdowns)

  1. A retreat or withdrawal from an earlier position or opinion; a backdown.
    Thursday's court appearance as he waited for his case to be heard was a humiliating climbdown for the flamboyant Texan, who sports the clipped mustache and Saville Row style of English aristocracy. — Texas cricket mogul pleads not guilty to fraud by Kate Murphy, The Age, June 26 2009



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