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leverage verb

Click to hear the UK pronunciation of this wordClick to hear the US pronunciation of this word/ˈliː.vər.ɪdʒ//ˈlev.ɚ.ɪdʒ/ v [T] specialized

Definition

to use borrowed money to buy a company

leveraged adjective

Click to hear the UK pronunciation of this wordClick to hear the US pronunciation of this word/ˈliː.vər.ɪdʒd//ˈlev.ɚ.ɪdʒd/ adj
The company is highly leveraged and struggling with interest payments.

(Definition of leverage verb from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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