To reduce debt in by rapidly selling assets.(verb)
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Use "deleverage" in a sentence
"One option for the closed-end companies is to "deleverage" -- that is, sell the securities now juicing returns of the underlying fund and use the proceeds to redeem the preferred shares."
"The second lie is that every company and every individual needs to "deleverage" - that means shed debt, stop spending, and start saving-so that the groundwork for robust growth in the future can be laid."
"This activity has occurred even while American households continue to deleverage, that is, pay down their debt."