leverage

A meaningless buzzword forged from the furnaces of Hell by Satan's wordsmiths. It used to mean 'use efficiently' or 'share', but today it is inserted into every other sentence in the IT business world to make typical ideas and sentences sound grander.

Let's be proactive in saving our clients money by leveraging our assets over all of our outsourcing accounts.

If we leverage our human capital on these two deals, we can realize some soft dollar savings.

by Ruthless Brad October 30, 2005

Table Leverage

This occurs when you order the most expensive items to eat and drink for yourself when dining with friends who will spilt the bill evenly. You benefit when the bill is split evenly among the diners by paying less than the cost of your dinner while others pay more than the cost of their dinner.

You order the caviar appetizer, the steak, lobster and fois gras and a dessert which costs $75 in total, when your 3 friends order cheaper items that total $40 each. When you split the the bill ($75+$40+$40+$40=$195/ 4 people = $48.75) you pay 48.75 for your meal that cost $75, and your other guests pay more for their food than it should have cost. Jerry used table leverage by eating like a king and making his vegan friends pay for it.

by Romey M October 30, 2010

leveraged

To be totalled battered on alcohol

Mate, you were leveraged last night.

by . January 24, 2005

leverage mount

When you are doing a girl from behind, and you place your foot on a nearby coffee table or other raised surface for better leverage during the mounting.

I started to slip during my mountage, so I had to commence a leverage mount job.

by Richalex May 11, 2006

leverage

A buzzword used by management and those who aspire to become management. It used to describe an advantage gained by using a tool. Later it became a term used to describe corporate debt. For example, a leveraged buy-out is one where the buyer has to borrow money in order to buy the other company.

After much mis-use, the word leverage no-longer describes anything or have any meaning to anyone who has ever worked in an office.

in business circles this word is most commonly used in place of the word 'use'.

Steve: Can we take this off-line, I'm hungry. I'm going to leverage a sandwich.
Paula: Great idea, I could also leverage some food.
Steve: Come on then, we can leverage my car to get to the sandwich leverager.
Paula: Good leverage, we should leverage your leverage so we'll leverage
Steve: Leverage

by thepreacher May 22, 2006

leveraged buyout

(FINANCE) when somebody buys a corporation using borrowed money ("leverage"), with the expectation that the new owner will able to pay for it from the corporation's own profits.

Kohlberg Kravis and Roberts (KKR) developed the LBO back when Jerome Kohlberg, Jr. and Henry Kravis were still partners at Bear Stearns (1960's). The technique was refined by Michael Milken's methods of underwriting and trading junk bonds. At the same time, corporate raiders and takeover artists like T. Boone Pickens perfected greenmail as a way to make money from failed hostile takeovers.

In constant US dollars, the largest leveraged buyout deal in history was the KKR takeover of RJR Nabisbo for $31.1 billion (1989). In 2006, several deals of even larger size were planned or attempted, but adjusted for inflation, they were not as large.

by Abu Yahya September 4, 2010

Life Leverage

When all aspects of your life, such as relationships, work, money, etc. are all perfect, as if nothing can bring down the mood you're in.

Louis: "Hey Mitch, how ya been?"
Mitch: "Great! Healthy kids, great job, happy wife, big new house, upcoming vacation. I have finally reached Life Leverage."

by LuLuBee November 8, 2010