|leverage (ˈliːvərɪdʒ, -vrɪdʒ, ˈlɛv-)|
|1.||the action of a lever|
|2.||the mechanical advantage gained by employing a lever|
|3.||power to accomplish something; strategic advantage|
|4.||the enhanced power available to a large company: the supermarket chains have greater leverage than single-outlet enterprises|
|5.||US word for gearing|
|6.||the use made by a company of its limited assets to guarantee the substantial loans required to finance its business|
The amount in which a purchase is paid for in borrowed money. The greater the leverage, the greater the possible gain or potential loss.