Dictionary  lev'eraged buy'outthe purchase of a company with borrowed money, using the company's assets as collateral, and often discharging the debt and realizing a profit by liquidating the company. Abbr.: LBO Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
See also:
|
Atlas
Encyclopedia
Dictionary
Thesaurus
Day in History
