NOUN | act | leveraged buyout | a buyout using borrowed money |
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Meaning | A buyout using borrowed money; the target company's assets are usually security / security for the loan. | |
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Example | "a leveraged buyout by upper management can be used to combat hostile takeover bids" | |
Narrower | bust-up takeover | A leveraged buyout in which the target company's assets are sold to repay the loan that financed the takeover |
Broader | buyout | acquisition of a company by purchasing a controlling percentage of its stock |
Spanish | compra apalancada |
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