Definition
To reduce one's expectations or goals; to accept a less desirable outcome than originally hoped for.
She had hoped to get into a top university, but after her grades came out, she had to lower her sights.
After several failed attempts to start a business, he decided to lower his sights and get a stable job first.
I originally wanted to buy a house in the city center, but now I have to lower my sights and consider a house in the suburbs.