Degear

Quick meaning: Degear is a verb meaning (finance) To reduce one's debt by selling off assets, especially those that were acquired with borrowed money.

Meaning

(finance) To reduce one's debt by selling off assets, especially those that were acquired with borrowed money.

More Meanings

1. (accounting) To calculate the net value of assets after removing both debt and the projected cost of interest on borrowed capital.
2. To remove one's gear (special equipment).
3. To remove or disable the gears (transmission or interlocking gears).

Example Sentences

The company it bought had previously been the subject of a leveraged buy-out and is now being restructured and degeared.

When uncertain the prudent man steps back, degears, and waits for better opportunities that is my message in a nutshell.

If the project is viable on this degeared basis, then leasing is compared in price with other forms of borrowing available.

It could use a lot of unused debt capacity in Huletts, which has degeared since the sale of its packaging and paper interests.

Word Forms

• degears
• degearing
• degeared
• de-gear

Related Words

Related dictionary entries include de-gear, deleverage, delever, divest, sell down, whittle.

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