To decrease in value, amount, or level. The price of oil is expected to go down this year.
To be remembered or recorded in a particular way. The event will go down in history as a turning point for the nation.
The ship began to go down after hitting the iceberg.
To be defeated or to lose. The team went down in the final match of the tournament.
You won't believe what went down at the party last night.
To be accepted or approved. The proposal went down well with the board members.