STEP-DOWN

Pronunciation (US): (GB):

Meaning:

The act of decreasing or reducing something

Synonyms:

decrease; diminution; reduction; step-down

Classified under:

Nouns denoting acts or actions

Hypernyms ("step-down" is a kind of...):

change of magnitude (the act of changing the amount or size of something)

Hyponyms (each of the following is a kind of "step-down"):

tax credit (a direct reduction in tax liability (not dependent on the taxpayer's tax bracket))

shelter; tax shelter (a way of organizing business to reduce the taxes it must pay on current earnings)

declassification (reduction or removal by the government of restrictions on a classified document or weapon)

amortisation; amortization (the reduction of the value of an asset by prorating its cost over a period of years)

reverse split; reverse stock split; split down (a decrease in the number of outstanding shares of a corporation without changing the shareholders' equity)

contraction (the act of decreasing (something) in size or volume or quantity or scope)

depreciation (a decrease in price or value)

weakening (the act of reducing the strength of something)

rollback (reducing prices back to some earlier level)

deduction; discount; price reduction (the act of reducing the selling price of merchandise)

deflation (the act of letting the air out of something)

deduction; subtraction (the act of subtracting (removing a part from the whole))

shrinking (the act of becoming less)

shortening (act of decreasing in length)

depletion (the act of decreasing something markedly)

minimisation; minimization (the act of reducing something to the least possible amount or degree or position)

de-escalation ((war) a reduction in intensity (of a crisis or a war))

alleviation; easement; easing; relief (the act of reducing something unpleasant (as pain or annoyance))

extenuation; mitigation; palliation (to act in such a way as to cause an offense to seem less serious)

devitalisation; devitalization (the act of reducing the vitality of something)

devaluation (the reduction of something's value or worth)

cutback (a reduction in quantity or rate)

lowering (the act of causing to become less)

mitigation; moderation (the action of lessening in severity or intensity)

cut (the act of reducing the amount or number)

Derivation:

step down (reduce the level or intensity or size or scope of)