Impair and lower value (6)
I believe the answer is:
damage
'impair and lower value' is the definition.
(I've seen this before)
This is the entire clue.
(Other definitions for damage that I've seen before include "Injure, spoil" , "Impair, hurt" , "Detrimental effect" , "Harm, impair" , "To vandalise" .)