leverage Hear it!

leverage definition - legal

n

  1. Generally, the use of borrowed money to engage in transactions with a high rate of return that will allow repayment of the loan.
  2. The ratio between a companyÂ’s debt and equity.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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