(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.
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 04, 2010
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."
Mitch: "Great! Healthy kids, great job, happy wife, big new house, upcoming vacation. I have finally reached Life Leverage."
by LuLuBee November 07, 2010
The arm one most often uses to support body weight during sex; usually in the missionary position to avoid crushing their partner.
by Brent K. November 07, 2007
When someone is giving anal and the other person moves in a different direction rapidly and the anal giver's penis is yanked uncomfortably in the direction that the other person moves.
Mate I was giving some mad anal last night but she pulled out and gave me some massive anal leverage!
by LA FOOTBALL January 25, 2017
damon rizzo is short in more ways then one, unlike reeven(he's black) aka Gnome Leverage
Hey, I don't have to bend down to get that because I have gnome leverage
Hey, I don't have to bend down to get that because I have gnome leverage
by The B.O.B December 11, 2003
A situation where one side at the negotiating table flaunts their so-called “leverage” without realizing that by showing their cards, they’ve pretty much given away all their power because they’ve become entirely predictable.
Me: Damn, dawg - I was playin’ against some invisible niggbo and it was freakey how them hits kept cummin’ outta nowhere - but once he lost his mask, all I could see is a weak, old dude puffing up his chest, trying to be scary ...
Dawg: Kay, so small fries after that, right? Buncha pseudo “leverage”?
Me: Aye, piece of cake. Dickbo didn’t realize he didn’t have shit one me 🤣
Dawg: Tite!
Dawg: Kay, so small fries after that, right? Buncha pseudo “leverage”?
Me: Aye, piece of cake. Dickbo didn’t realize he didn’t have shit one me 🤣
Dawg: Tite!
by SackmaBooolz November 28, 2019
That's what this seems to be about for you. Bill C-16 gives your students a degree of arbitrary social leverage that you weren't willing to afford them.
Hym "Hey, I really didn't use your work for a whole lot initially. I was saying back then what YOU are saying NOW because I was going though the thing that you are actively doing now. I had no recourse. I had no way of defending myself. I didn't even have the vocabulary to defend myself. The only tool I had to defend myself because I WAS (and still am) going though what you ARE going though. And I'm not allowed to use it because IT'S AGAINST THE RULES. And then I started critiquing it. And that's my REAL crime. It's like the chicken and the grasshopper. See, the chicken had a theory. And he thought his theory couldn't be contended with. Unfortunately for the chicken, there was a fatal flaw. You see, in the same way that there are two classes of fear, there are two classes of genius. And the grasshopper is both. So, like the brilliant deconstructionist that he is, the grasshopper began to contend with those uncontendwithable ideas. Jokingly at first. The chicken was enraged. His shining golden-god moment was sullied by the grasshopper.
Hym "Hey, I really didn't use your work for a whole lot initially. I was saying back then what YOU are saying NOW because I was going though the thing that you are actively doing now. I had no recourse. I had no way of defending myself. I didn't even have the vocabulary to defend myself. The only tool I had to defend myself because I WAS (and still am) going though what you ARE going though. And I'm not allowed to use it because IT'S AGAINST THE RULES. And then I started critiquing it. And that's my REAL crime. It's like the chicken and the grasshopper. See, the chicken had a theory. And he thought his theory couldn't be contended with. Unfortunately for the chicken, there was a fatal flaw. You see, in the same way that there are two classes of fear, there are two classes of genius. And the grasshopper is both. So, like the brilliant deconstructionist that he is, the grasshopper began to contend with those uncontendwithable ideas. Jokingly at first. The chicken was enraged. His shining golden-god moment was sullied by the grasshopper.
And then the grasshopper began to posit HIS OWN IDEAS. And what's more, everyone loved it. They didn't just love it. It was objectively brilliant. Poetry and prose the likes of which the world had never seen. Comedy skits, philosophy, theology, social psychology. Literally billions of dollars worth of ideas. And not just quality but quantity as well. An untapped wellspring of new ideas. Some speculation. From conceptual arms deal to archetypal hero (and villian sometimes) over night.... and shit, I'm running out of characters.... Long story short, the grasshopper is now technically one of the greatest writer's all time and I forgot to use the words 'social leverage'. Shit. I went off half cocked here. I'll come back to it.
by Hym Iam January 12, 2023