deleverageverb [ I or T ]
uk/ˌdiːˈliːvərɪdʒ/us/ˌdiːˈlevərɪdʒ/FINANCEto reduce a company's borrowing in relation to its share capital:
Companies in the US may have deleveraged but, for the economy as a whole, attitudes towards debt haven't changed.
deleveraging
noun [ U ] UK also degearing
We intend to pursue a long-term financial restructuring that includes a substantial deleveraging of the company and enhances our prospects for future growth.