deleverage
noun/ˌdiːˈliːvərɪdʒ/
/ˌdiːˈlevərɪdʒ/
[uncountable] (business)- the process or practice of reducing your level of debt by rapidly selling your assets (= things that a person or company owns)
- Given the strong cash performance and accelerated deleverage, the company is to reinstate a modest final dividend this year.
Want to learn more?
Find out which words work together and produce more natural sounding English with the Oxford Collocations Dictionary app.
Check pronunciation:
deleverage