the purchase of a company with borrowed money, using the company’s assets as collateral, and often discharging the debt and realizing a profit by liquidating the company.
a takeover bid in which a small company makes use of its limited assets, and those of the usually larger target company, to raise the loans required to finance the takeover LBO
the purchase of a controlling interest in a company by its management but using outside capital
leveraged buyout (LBO)
The purchase of a company mainly with borrowed money on the expectation that the purchaser can repay from the company’s future profits or by selling its assets. Buyers sometimes raise the money by issuing junk bonds.
[lev-er-ij, lee-ver-] /ˈlɛv ər ɪdʒ, ˈli vər-/ noun 1. the action of a , a rigid bar that pivots about one point and that is used to move an object at a second point by a force applied at a third. 2. the mechanical advantage or power gained by using a lever. 3. power or […]
noun, Horology. 1. an escapement in which a pivoted lever, made to oscillate by the escape wheel, engages a balance staff and causes it to oscillate.
[lev-er, lee-ver] /ˈlɛv ər, ˈli vər/ noun 1. Mechanics. a rigid bar that pivots about one point and that is used to move an object at a second point by a force applied at a third. Compare (def 4b). 2. a means or agency of persuading or of achieving an end: Saying that the chairman […]
[lev-er-it] /ˈlɛv ər ɪt/ noun 1. a young hare. /ˈlɛvərɪt; -vrɪt/ noun 1. a young hare, esp one less than one year old n. “young hare,” early 15c., from Old French levrat, diminutive of levre (12c., Modern French lièvre) “hare,” from Latin lepore, from lepus.