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deleveraging
[ dee-lev-er-ij-ing, ‑lee-ver‑ ]
noun
- the act or process of paying off or reducing debt; a decreasing of financial leverage.
Word History and Origins
Origin of deleveraging1
Example Sentences
"Six months into our Shaw integration, we're tracking ahead of our synergy targets and deleveraging plans," CEO Tony Staffieri said.
The share buy-back will be executed over the next 12 months, AB InBev said, adding that it will also offer cash for $3 billion worth of bonds as part of its ongoing "focus on deleveraging".
Natura grew through high profile acquisitions in recent years, including the purchase of The Body Shop from L'Oreal in 2017, but has now been looking for "discipline" and deleveraging as it aims to bring back profitability.
Dalio said deleveraging is never an easy task, but in the case of China it can be more manageable because most of its debt is in domestic currency and is held by its citizens.
"It needs to follow this beautiful deleveraging process now because the debt-burdened balance sheets and burdensome debt service payments are freezing the economy, especially at the provincial level and most especially in some of the poorest provinces," Dalio said.
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