deleverage
verb[IorT]
FINANCEuk/ˌdiːˈliːvərɪdʒ/us/ˌdiːˈlevərɪdʒ/toreducea company'sborrowinginrelationtoitssharecapital:
Companies in the US may have deleveraged but, for theeconomyas awhole,attitudestowardsdebthaven'tchanged.
deleveraging
noun[U](UKalsodegearing)
Weintendtopursuealong-termfinancialrestructuringthatincludesasubstantialdeleveraging of thecompanyandenhancesourprospectsforfuturegrowth.