deleverage
verb [ I or T ]
FINANCE uk/ˌdiːˈliːvərɪdʒ/ us/ˌdiːˈlevərɪdʒ/to 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.