Usually means: Reducing the total amount of debt.
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We found 10 dictionaries that define the word deleverage:

General (6 matching dictionaries)
  1. deleverage: Oxford Learner's Dictionaries
  2. deleverage: Collins English Dictionary
  3. deleverage: Wordnik
  4. deleverage: Wiktionary
  5. deleverage: Dictionary.com
  6. deleverage: Longman Dictionary of Contemporary English

Business (3 matching dictionaries)
  1. INVESTORWORDS (No longer online)
  2. Deleverage: Investopedia
  3. Deleverage: Financial dictionary

Slang (1 matching dictionary)
  1. deleverage: Urban Dictionary

Definitions from Wiktionary (deleverage)

verb:  (finance) To reduce debt by rapidly selling assets.

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