to decrease financial leverage by paying off debt: Their balance sheet significantly improved after they deleveraged.
to reduce the debt of: He drastically deleveraged the company to make it profitable.
an instance of this: The economic crisis has forced a deleverage.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
British Dictionary definitions for deleverage
finance (of an organization) to reduce the ratio of debt capital to equity capital
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012