leveraged

/ˈliːvərɪdʒd/

/ˈlevərɪdʒd/ adjective FINANCE

Definition

› used to describe a company or organization that owes a large amount of money in relation to its value: Like other theater chains, it will be a highly leveraged company, carrying about $550 million in debt. → Compare highly geared

› used to describe an investment which has been bought with a large amount of borrowed money: leveraged deal/purchase/transaction They will have to reduce costs significantly to pay the borrowings to finance the highly leveraged deal. → Compare geared

→ See also over-leveraged

(Definition of leveraged adjective from the Cambridge Business English Dictionary © Cambridge University Press)