The Collaborative International Dictionary of English v.0.48:

d'eclass'e \d['e]class['e]\ (d[asl]`kl[a^]`s[=a]",
   d[asl]`kl[aum]`s[=a]") adj. [F. Cf. F. d['e]classer.]
   1. Reduced or fallen in status, social position, class or
      rank; fallen from a high status or rank to a lower one.
      [PJC]

   2. Of inferior grade, rank, status, or prestige.
      [PJC]