Stand down

Do you know the English expression “to stand down“? Read the conversation below. Can you guess the meaning?

Jane: How was the annual meeting of your company?

Paula: We all had a shock. The president announced that he was standing down after twenty years at the top.

Does it mean:

a) sit down

b) be fired from a position

c) stand in a lower position than other people

d) resign from a position

The answer is below!↓

 

Answer: d) resign from a position