degear

Meaning

1. verb To reduce one's debt by selling off assets, especially those that were acquired with borrowed money.
2. verb To calculate the net value of assets after removing both debt and the projected cost of interest on borrowed capital.
3. verb To remove one's gear (special equipment).
4. verb To remove or disable the gears (transmission or interlocking gears).

Similar words

de-gear deleverage delever divest sell down whittle defalk deindex sell off downbear