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| lev·er·age [ lévvərij ] |
noun |
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| Definition: |
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1. action of lever: the action of a lever pivoting about a point
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2. mechanical advantage: the mechanical advantage gained by using a lever
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3. power to get things done: power over other people, especially something that gives an advantage but is not referred to openly
  He uses the leverage of seniority with the more junior employees.
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4. finance borrowing of money to purchase company: the borrowing of money to purchase a company, in the hope that it will make enough profit to cover the interest payable on the loan
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5. North America finance proportion of capital as debt: the ratio of a company's debt capital to the value of its ordinary shares
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transitive and intransitive verb (past and past participle lev·er·aged, present participle lev·er·ag·ing, 3rd person present singular lev·er·ag·es) |
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| Definition: |
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finance borrow money hoping to make more: to borrow money in order to buy a company, relying on it to make enough profit to cover the interest payable on the loan
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