Deleveraging is the process by which an entity reduces its level of debt by rapidly selling off assets or paying down loans, often in response to financial stress or in pursuit of a stronger balance sheet.
Gross Domestic Product (GDP) is the market value of all goods and services produced within a country during a specific period, usually annually or quarterly. It serves as a comprehensive measure of national economic activity and health.
Savings refer to the amount of disposable income that is not spent on consumption. The percentage of gross income that is saved defines the savings rate, a key indicator of economic health.
