Usually means: Resigning or relinquishing a position voluntarily.
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We found 13 dictionaries that define the word stepping down:

General (8 matching dictionaries)
  1. stepping down: Merriam-Webster
  2. stepping down: Collins English Dictionary
  3. stepping down: Vocabulary.com
  4. stepping down: Dictionary.com
  5. stepping down: Rhymezone
  6. stepping down: FreeDictionary.org
  7. stepping down: Mnemonic Dictionary
  8. stepping down: TheFreeDictionary.com

Business (2 matching dictionaries)
  1. stepping down: Legal dictionary
  2. stepping down: Financial dictionary

Computing (1 matching dictionary)
  1. stepping down: Encyclopedia

Medicine (1 matching dictionary)
  1. stepping down: Medical dictionary

Miscellaneous (1 matching dictionary)
  1. stepping down: Idioms

Definitions from WordNet (stepping down)

noun:  the act of abdicating
noun:  a formal resignation and renunciation of powers


Opposite:

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