1A fall, drop, or lowering (a decrease in level, amount, or position); the opposite of "agari" (rise).
今年の売上の下がりが予想より大きかった。
This year's drop in sales was larger than expected.
朝晩の気温の下がりが急で、上着が必要になった。
The drop in temperature in the mornings and evenings was sharp, so I needed a jacket.
山道は先に向かって下がりになっている。
The mountain path slopes downward ahead.
2In sumo, the decorative cords or tassels that hang from the front of a wrestler's belt (particularly on a yokozuna's ceremonial apron).
横綱は土俵入りで豪華な下がりを付けて照明の下に立った。
The yokozuna stood under the lights wearing an ornate sagari during the ring-entering ceremony.
下がりの色や柄でその力士の家紋や所属が分かることもある。
Sometimes you can tell a wrestler's family crest or affiliation from the color and pattern of their sagari.
3An offering to the gods or its leftovers; hand-me-downs or items passed on to someone (commonly used as "o-sagari").
祭りの後、子どもたちは神前のお下がりの餅をもらった。
After the festival, the children received the leftover rice cakes from the shrine.
弟は兄のお下がりの服をまだ着ている。
My younger brother still wears my older brother's hand-me-down clothes.
親戚からお下がりの食器をもらった。
I received some hand-me-down dishes from a relative.
4An old-fashioned term meaning to leave one's master's place and go home; not commonly used in modern Japanese.
使用人は夕刻に主人に許しを得て下がりにかかった（文語的、史的文脈）。
The servant obtained his master's permission and set off home in the evening (literary/historical context).
5Used as a suffix meaning "a little after ~" (e.g., 'ku-ji-sagari' = a little after nine); somewhat archaic or dialectal.
会は五時下がりに終わる予定だ。
The meeting is scheduled to end a little after five.
店は七時下がりに閉まることが多い。
The shop often closes a little after seven.