ungeared Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “ungeared” in the English Dictionary

"ungeared" in Business English

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ungearedadjective

uk   us   /ˌʌnˈɡɪəd/ UK
FINANCE relating to a ​company whose ​capital is all in the ​form of ​shares and that has no ​debt, for ​example in the ​form of ​bonds: The company's ungeared ​balance sheetmeans they could soon be on the look-out for acquisitions.
(Definition of ungeared from the Cambridge Business English Dictionary © Cambridge University Press)
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