leveraged-buyout

leveraged buyout

noun
the purchase of a company with borrowed money, using the company's assets as collateral, and often discharging the debt and realizing a profit by liquidating the company. Abbreviation: LBO
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Collins
World English Dictionary
leveraged buyout (ˈliːvərɪdʒd) [Click for IPA pronunciation guide]
 
n
LBO a takeover bid in which a small company makes use of its limited assets, and those of the usually larger target company, to raise the loans required to finance the takeover

Collins English Dictionary - Complete & Unabridged 10th Edition
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00:10
Leveraged-buyout is always a great word to know.
So is gobo. Does it mean:
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
a screen or mat covered with a dark material for shielding a camera lens from excess light or glare.
American Heritage
Cultural Dictionary
leveraged buyout (LBO)

The purchase of a company mainly with borrowed money on the expectation that the purchaser can repay from the company's future profits or by selling its assets. Buyers sometimes raise the money by issuing junk bonds.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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