Business Dictionary : Leverage
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Leverage : noun : influence which you can use to achieve an aim
• He has no leverage over the chairman.
Leverage : noun : relation between a company's capitals borrowed at a fixed interest and the value of its ordinary shares.
Leverage : noun : borrowing money at fixed interest which is then used to produce more money than the interest paid
NOTE : no plural
Leveraged Buyout : noun : buying all the shares in a company by borrowing money against the security of the shares to be bought
QUOTE : The offer came after Management had offered to take the company private through a leveraged buyout for $825 million. (Fortune)
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