Meaning of the word "level out" in English

What does "level out" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

level out

US /ˈlev.əl aʊt/
UK /ˈlev.əl aʊt/
"level out" picture

Phrasal Verb

1.

to stop increasing or decreasing and stay at a steady level

Example:
After a rapid increase, the company's profits began to level out.
The plane will level out at 30,000 feet.
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