1. A British term that is similar to the term ghetto.

2. Cheap or of lesser quality.
1.John: Going around wearing a hoodie and a baseball cap is incredibly downmarket!

Jack: I know! They think they look so intimidating!

2.Abby: Your bag looks so downmarket!

Kate: What to you mean? This is a genuine Furberry purse!
by The darkFireburning March 31, 2009
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glorified, formal name for any trailer trash hussy, skanky crack whore or downwardly mobile street prostitute who feigns class, taste and style despite appearances to the contrary.
Courtney Love, if she wasn't a talented musician, singer, and songwriter, could be construed as a downmarket debutante.
by Virgin Suicides June 27, 2017
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