No. Deleting a group will remove the group relation with the URL, but will not delete the URL and terms under it.
A "Group" is a group of multiple URLs. Groups can be used for filtering and sorting the dashboard...
• Go to the "URL Groups" page (click "URL Groups" at the left menu).• Click the "Add New Group"...
• Go to the "URL Groups" page (click "URL Groups" at the left menu).• Click the delete icon...
• Go to "URL Groups" page (click "URL Groups" under URLs & Terms, at the left menu).• Click...
To manage your groups, At the left menu click URLS & TERMS -> URL Groups• You'll see a...