a slowing down or delay in progress, action, etc.
a deliberate slowing of pace by workers to win demands from their employers.
Sports. a holding or passing tactic by a team to retain possession of the ball, puck, etc., or use up a maximal amount of time, as to safeguard a lead or thwart a high-scoring opponent.

1895–1900; noun use of verb phrase slow down

1. slackening, falloff, decline, flagging. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
slowdown (ˈsləʊˌdaʊn)
1.  the usual US and Canadian word for go-slow
2.  any slackening of pace

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Example sentences
The severity of the economic slowdown was not yet fully yet anticipated.
Even if a taxi never encounters a slowdown, clues from the trip can indicate an
  underlying problem with urban planning.
For many years economists attributed this reduced growth to a
  difficult-to-explain slowdown in business productivity.
The decline partly reflects the typical fall slowdown after the peak buying
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