IPA: /ˈlɛvərɪdʒd/
KK: /ˈlɛvərɪdʒd/
Describing a situation where a company uses borrowed money to finance its operations or investments, often resulting in a higher risk due to the reliance on debt.
The leveraged buyout allowed the firm to acquire the company with minimal upfront capital.
To use something to maximum advantage or benefit.
The company leveraged its resources to expand into new markets.
Past: leveraged
Past Participle: leveraged
Leveraged → It is formed from "lever" (from Old French *levier*, meaning to raise or lift) and "-age" (a suffix indicating action or process). The word "leveraged" means the action of using something to maximum advantage, akin to using a lever to lift or move something with less effort.
Think of using a 'lever' to 'raise' something — that's why 'leveraged' means using something to gain an advantage.