Definition of red-circle in English:

red-circle

Pronunciation /ˌrɛdˈsəːkl/

verb

  • 1Business
    (chiefly Canadian). To downgrade (an employee, a job, etc.) while freezing the rate of pay; to freeze (the salary) of an employee whose job has been downgraded.

    See note at
    red-circling
    .

  • 2To select or mark (a person or thing) as if by circling it in red ink on a page or list.

Origin

1950s. From red + circle.