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
derived from potois (jamaican creole) to describe making good on a debt. Commonly used in dancehall music.
by The Real Ska March 10, 2009
by RFAngler August 21, 2009
The thick, pungent left behind smells of a hot, sweaty, mungy ass sex session. Usually left behind in your room, dorm or car. A dead give away to the trained and experienced nostril like your mom's.
Although Carl told his mom he was doing homework with Cassie, the stanked up room was a dead giveaway that more than their lessons had been worked on.
by Eaton Holgoode February 21, 2017
by NixtyNine April 14, 2021
To insert slang into a perfectly normal sentence in order to reinforce a point, makes someone laugh, or even confuse someone else.
I was scared the other day when my mom tried to slang up her sentence. All my friends did was laugh at her because she used her slang wrong!
by MyMusicAddiction August 22, 2010
To possess a large amount of money; to be rich. Usually advertised in the most ostentatious way possible.
by young patron fan January 17, 2012