balance down verb2 •To achieve a balance, usually by decreasing something, e.g., revenue.By lowering costs, we can balance down to eliminate the deficit, instead of trying to increase revenue, which would be balancing up.The costs of buying from that source have gone up, so let's balance down on that by buying from another source. •To calculate a balance (a total).Balance up his account so he knows how much he owes. formsbalanced down · balancing down · balances down