|
|
 |
|
|
|
|
| de·lev·er·age [ dee lévvərij ] (past and past participle de·lev·er·aged, present participle de·lev·er·ag·ing, 3rd person present singular de·lev·er·ag·es) |
transitive and intransitive verb |
|
| Definition: |
| |
reduce debt owed by business: to reduce the amount of debt that a company owes, usually by laying off workers, selling off unprofitable divisions, and other cost-cutting measures
|
|
|
|
