Financing a firm’s acquisition with a significant amount of debt. A firm typically issues term loans and junk bonds to drive IRRs for their private equity overlords (due to tax-deductibility of interest).
Outside of its native LBO context, to ‘lever up’ refers to the act of getting rekt and fully sending it.
Outside of its native LBO context, to ‘lever up’ refers to the act of getting rekt and fully sending it.
Ex.1: “Blackstone is about to lever up that company’s balance sheet to 6.9x LTM Adj EBITDA. They’re underwriting to a 42.0% net IRR”
Ex.2: “Yo Tucker was levered up last night and stage dived from the DJ booth right into some chick’s VIP table. He then called the bouncer a back-office jabroni as he was dragged out”
Ex.2: “Yo Tucker was levered up last night and stage dived from the DJ booth right into some chick’s VIP table. He then called the bouncer a back-office jabroni as he was dragged out”
by djdsol69 December 25, 2019
Get the Lever up mug.The act of becoming completely intoxicated beyond human control, helplessly inebriated. Its one step beyond plastered, sauced, bombed, wasted, etc.
by T - bone September 26, 2006
Get the Suissed Up mug.by claire.bear April 24, 2014
Get the fireballed up mug.Dude#1. How you feeling this morning?
Dude#2. Like total shit. I got all turkied up, scored an 8 ball, blew all my money, and the wife is super pissed.
Dude#1. You will learn one of these days.
Dude#2. Like total shit. I got all turkied up, scored an 8 ball, blew all my money, and the wife is super pissed.
Dude#1. You will learn one of these days.
by Cheetoman69er February 4, 2017
Get the turkied up mug.Man, Tyler really gatched it up last night at the bar when he told us he was a fountain while projectile vomiting all over those poor poor children.
by wompwompwomp262525 March 15, 2013
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