Might mean (unverified): Remove gears from a mechanism.
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We found 2 dictionaries that define the word degear:

General (2 matching dictionaries)
  1. degear: Wiktionary
  2. Degear: Rhymezone

Definitions from Wiktionary (degear)

verb:  (finance) To reduce one's debt by selling off assets, especially those that were acquired with borrowed money.
verb:  (accounting) To calculate the net value of assets after removing both debt and the projected cost of interest on borrowed capital.
verb:  To remove one's gear (special equipment).
verb:  To remove or disable the gears (transmission or interlocking gears).

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