leveragen.
/ˈliːv(ə)rɪdʒ/, /ˈlɛv(ə)rɪdʒ/, U.S. /ˈlɛv(ə)rɪdʒ/, /ˈliv(ə)rɪdʒ/ 1. The action of a lever; the arrangement by which lever-power is applied; also concrete a system of levers.
ΘΚΠ
society > occupation and work > equipment > machine > parts of machines > lever > [noun] > system of
leverage1724
society > occupation and work > industry > working with tools or equipment > [noun] > lever
levering1870
leverage1884
1724 London Gaz. No. 6273/8 An Engine.., which..by means of a Leveridge and an Horizontal Fly,..can Raise..Water.
1839 R. S. Robinson Naut. Steam Engine Explained 99 It resolves itself into a system of leverage.
1884 tr. H. Lotze Logic 258 The length of leverage must vary inversely as the strength of the force.
2.
a. The power of a lever; the mechanical advantage gained by the use of a lever. leverage of a force (see quot. 1830).
ΘΚΠ
the world > matter > physics > mechanics > force > [noun] > distance of direction of force from axis
leverage of a force1830
the world > matter > physics > mechanics > force > [noun] > active mechanical force > ratio of load to force applied > by use of lever
purchase1711
prise1751
leverage1830
1830 H. Kater & D. Lardner Treat. Mechanics x. 135 The distance of the direction of a force from the axis is sometimes called the leverage of the force.
1845 R. B. Todd & W. Bowman Physiol. Anat. I. 146 The extension of the os calcis..affords a considerable leverage to the muscles of the calf of the leg.
1860 O. W. Holmes Elsie Venner (1891) xvi. 221 Leverage is everything.
1879 G. MacDonald Sir Gibbie II. xiii. 224 The stream worked at the roots, and the wind laid hold of him with fierce leverage.
1882 Knowledge No. 19. 403/2 The actual leverage increases as A W is increased, supposing the oar's length to remain unchanged.
b. figurative. Advantage for accomplishing a purpose; increased power of action.
ΘΚΠ
society > authority > power > influence > [noun] > influence which can be used to one's advantage
leverage1858
pull1882
1858 W. E. Gladstone Stud. Homer III. 113 The leverage of this straightforward speech..produces an initial movement towards concession on the part of the great hero.
1868 A. Helps Realmah (1876) v. 86 And it will be putting additional leverage into his hands.
1883 Contemp. Rev. Dec. 790 With regard to such men the moralist has no leverage whatever.
3. attributive.
ΚΠ
1838 E. A. Poe Narr. A. G. Pym in Wks. (1864) IV. 162 A vast leverage power was obtained.
1851 H. Stephens Bk. of Farm (ed. 2) I. 258/1 This bend gives a leverage power to the handle, when the graip is used to lift rank wet litter.
Draft additions 1997
c. Commerce (chiefly U.S.). The increase in earning potential of shares in a company which results from its making only a relatively small proportion of its capitalization available as ordinary shares; the ratio of a company's capitalization to the value of its ordinary shares (cf. gearing n. 3b); also, the use of credit or borrowed capital to increase the earning potential of shares, the action of leveraging.
ΘΚΠ
society > trade and finance > stocks and shares > [noun] > specific operations or arrangements
intromission1567
hedginga1631
retiring1681
partnership1704
put1718
time bargain1720
bargain for time1721
option1746
call1825
put and call1826
cornering1841
corner1853
raid1866
pooling1871
squeeze1872
call option1874
recapitalization1874
short squeeze1877
split-up1878
margin call1888
pyramid1888
profit taking1891
pyramiding1895
underwriting1895
melon-cutting1900
round turn1901
market-making1902
put-through1902
put and take1921
round trip1922
put and take1929
leverage1931
split-down1932
switching1932
give-up1934
mark to market1938
recap1940
rollover1947
downtick1954
stock split1955
traded option1955
leg1959
stock splitting1959
rollover1961
split1972
spread betting1972
unitization1974
marking-to-market1981
swap1982
telebroking1984
1931 Chamberlain & Hay Investment & Speculation xi. 125 The common stock..has a leverage that gives him [sc. the speculator] the full equitable benefit..of any good management of the companies the common stocks of which are in his trust.
1938 J. B. Williams Theory of Investment Value xii. 151 If growth is attended by a change in leverage, so that the ratio of bonds to stocks is altered, then the dividends to be paid by a company will increase at a different rate from its assets.
1974 ‘E. Lathen’ Sweet & Low xvii. 164 People who'll talk you to death about the leverage they get in commodities.
a1976 in Webster Suppl. s.v. Buying stocks on margin is a simple example of leverage.
1987 Economist 21 Mar. 90/3 The reason for dealing in futures..is that the gains (and the losses) are potentially much greater because of the leverage that these markets allow.
1995 Times 9 June 23/2 He will also contain the expansion of BAe [sc. British Aerospace] and improve the leverage to achieve his ultimate ambition..: a merger of GEC's defence businesses with those of BAe.
This entry has not yet been fully updated (first published 1902; most recently modified version published online March 2022).
leveragev.
/ˈliːv(ə)rɪdʒ/, /ˈlɛv(ə)rɪdʒ/, U.S. /ˈlɛv(ə)rɪdʒ/, /ˈliv(ə)rɪdʒ/ U.S.
transitive and intransitive. To lever; spec. to speculate or cause to speculate financially on borrowed capital expecting profits made to be greater than the interest payable.
ΘΚΠ
society > occupation and work > industry > working with tools or equipment > work with tools or equipment [verb (intransitive)] > other tools or equipment
filec1230
to blow the bellowsc1440
pump1508
vice1612
plane1678
shovel1685
turn1796
brake1862
pestle1866
chisel1873
roll1881
slice1893
leverage1937
monkeywrench1993
society > trade and finance > financial dealings > types of money-dealing > [verb (intransitive)] > risk money in hope of gain > speculate on borrowed capital
leverage1937
society > trade and finance > financial dealings > types of money-dealing > [verb (transitive)] > risk (money) in hope of gain > on borrowed capital
leverage1937
1937 Harper's Mag. June 63 Acey leveraged the arm upward.
1971 Atlantic Monthly July 49 He gave her the benefit of his experience, leveraging her up to the ears in convertible bonds.
1972 ‘A. Smith’ Supermoney iv. i. 209 The corporation discovered that the more it borrowed, the higher the earnings and the higher the stock, so it began to leverage.
1973 N.Y. Law Jrnl. 26 July 3/3 Tight credit tends to put some of the marginal builders (that are very highly leveraged and have tiny working capital positions) under additional pressures.
Derivatives
leveraged adj. frequently as leveraged buyout (chiefly U.S.), the buyout of a company by its management with the help of outside capital.
ΘΚΠ
society > trade and finance > stocks and shares > [noun] > specific operations or arrangements > share-buying activities
subscribing1762
flyer1846
bearing1849
stagging1851
take-up1865
bear covering1881
straddle1883
portfolio investment1929
short covering1930
support buying1932
foreign portfolio investment1951
corporate raiding1957
leveraged1957
tender offer1964
buy-in1968
management buyout1977
bought deal1981
greenmail1983
MBO1986
bimbo1991
1957 Robert R. Young & Alleghany Corp. 2 Founded in 1929.., Alleghany was a classic example of the highly leveraged holding companies of that period.
1976 Forbes 15 July 83/1 We have eased into the safer waters of secondary financings and leveraged buyouts.
1980 Financial Rev. (Austral.) 8 July 19/3 John Polmear had engineered what the Americans call the ‘leveraged buy-out’.
1984 USA Today 6 Apr. 4 b/5 Many..clients want to buy companies in leveraged buy-outs.
1985 Times 2 May 21/5 Leveraged buyouts are commonly used in the United States to defeat hostile takeover bids, but have yet to be successfully tested in Britain.
ˈleveraging n.
ΚΠ
1968 N.Y. Times 20 Feb. 64 Short-term trading,..selling short and leveraging through borrowing are all speculative techniques which carry with them greater risk of loss.
This entry has not yet been fully updated (first published 1976; most recently modified version published online March 2022).
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n.1724
v.1937