单词 | leveraged buyout (LBO) |
释义 | leveraged buyout (LBO)Definition Acquisition of a firm by raising its purchase price mainly through borrowing secured by the same firm's assets. After the purchase, the loan is paid from the firm's cash flow and/or by selling off its assets (called 'asset stripping'). Use 'leveraged buyout (LBO)' in a SentenceThe leveraged buyout was the only way the purchase would take place as the firm needed to accept the risk as well as the likely benefit. Some companies may try and take on a leveraged buyout when they feel they have no chance of turning things around. My dad told me that we would be undergoing a leveraged buyout soon, which meant we would be selling it. |
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