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 upmug. 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 Upmug. To possess a large amount of money; to be rich. Usually advertised in the most ostentatious way possible.
by young patron fan January 27, 2012
Get the guapped upmug. by Whoopty Doo! November 21, 2022
Get the Souped Upmug. by da-realist-bitch January 10, 2004
Get the scoop that upmug. derived from potois (jamaican creole) to describe making good on a debt. Commonly used in dancehall music.
by The Real Ska March 10, 2009
Get the nice it upmug. by Childish Dreams April 6, 2017
Get the yazed upmug.