| 单词 | leverage |
| 释义 | leverage The ratio of a company's debt to its equity, that is to the part of its total capital owned by its shareholders. High leverage (US) or gearing (UK) means high reliance on debt financing. The higher a company's leverage or gearing, the more of its total earnings are absorbed by paying debt interest, and the more variable are the net earnings available for equity shareholders. |
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