| 单词 | gearing |
| 释义 | gearing gearing /; AmE / (also capital gearing, equity gearing) (all especially BrE) noun [U]
(Finance ) the relationship between the amount of money that a company owes (debt) and the value of its shares (equity): There is concern about the company's high gearing (= it has borrowed a large amount compared to the value of its shares). It is important for the company to maintain a low gearing ratio (= to borrow a small amount compared to the value of its shares). ◆ The group hopes to reduce gearing from 121 per cent to a more manageable 100 per cent. SYN DEBT-EQUITY RATIO, LEVERAGE |
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