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Meaning of build-down

build-down

Pronunciation: (bild'doun"), [key]
— n.
  1. a process for reducing armaments, esp. the number of nuclear weapons held by the U.S. and the U.S.S.R., by eliminating several older weapons for each new one that is deployed.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.