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Noun step-down has 1 sense
decrease, diminution, reduction, step-down - the act of decreasing or reducing something--1 is a kind of change of magnitude
 --1 has particulars:
 |  | cut; moderation; lowering; cutback; devaluation; devitalization, devitalisation; extenuation, mitigation, palliation; easing, easement, alleviation, relief; de-escalation; minimization, minimisation; depletion; shortening; shrinking; subtraction, deduction; deflation; discount, price reduction, deduction; rollback; weakening; depreciation; contraction; reverse split, reverse stock split, split down; amortization, amortisation; declassification; tax shelter, shelter; tax credit | 
 
Verb step-down has 2 senses
leave office, quit, step down, resign - give up or retire from a position; "The Secretary fo the Navy will leave office next month"; "The chairman resigned over the financial scandal"--1 is one way to leave, depart, pull up stakes
 Sample sentence:
 Somebody ----s
 
de-escalate, weaken, step down - reduce the level or intensity or size or scope of; "de-escalate a crisis"--2 is one way to decrease, lessen, minify
 Sample sentences:
 Somebody ----s something
 Something ----s something
 
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