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Wiktionary
step down

vb. (context idiomatic English) To resign from office.

WordNet
step down
  1. v. give up or retire from a position; "The Secretary fo the Navy will leave office next month"; "The chairman resigned over the financial scandal" [syn: leave office, quit, resign] [ant: take office]

  2. reduce the level or intensity or size or scope of; "de-escalate a crisis" [syn: de-escalate, weaken] [ant: escalate]