stepdown
- noun
- /ˈstɛpˌdaʊn/
- After his stepdown, the organization began searching for a new leader.
Examples
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Her stepdown from the board surprised many of her colleagues.
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The company's shares fell after the sudden stepdown of its chief financial officer.
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The CEO announced her stepdown from the company.
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After many years, his stepdown was unexpected.
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The company's shares fell after the sudden stepdown of its chief financial officer.
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Her stepdown from the board surprised many of her colleagues.
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After his stepdown, the organization began searching for a new leader.
Synonyms
Leaving a job or the written notice saying you will leave it
Leaving a position of authority or responsibility
The act of ending a person's job, for example by firing
Antonyms
Surface Forms
Morphology
Etymology
Stepdown comes from step and down, like stepping off a high platform. So when a leader 'steps down' from a job, a stepdown is the act of leaving a position, which is why it means leaving a job or giving up power.