| 单词 | gearing |
| 释义 | gearing = capital gearing, equity gearing, financial gearing, leverage The ratio of long-term debt funding to all long-term funding, or more rarely the ratio of long-term debt funding to equity funding. Increased gearing raises the risk to all funders, since it raises the probability of financial distress. The US word leverage is increasingly used in the UK. See also: |
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