See Also: Right of First Refusal(money)
Right of first refusal(finance)
refusal(dictionary)
first refusal(dictionary)
refusal(dictionary)
REFUSAL(law)
refusal to treat(medicine)
treatment refusal(medicine)
Refusal - Equestrian Sports(gambling)

leverage (iou) and Right of first refusal (finance)


leverage (iou)



leverage noun & verb. E18.
[from LEVER noun + -AGE.]
A. noun.
The action of levering; the way of applying a lever. Also, a system of levers. E18.
The power of a lever; the mechanical advantage gained by the use of a lever. M19.
b. fig. Advantage for accomplishing a purpose; increased power of action. M19.
Commerce.
a. The proportion of a company's total capital to ordinary shares; the effect of this on share prices. M20.
b. The earning potential created by the ratio of capital to shares; the use of borrowed capital to enhance this. M20.
b. verb.
verb trans. = LEVER verb 2. M20.
verb trans. Use borrowed capital for. Chiefly as leveraged ppl adjective. M20.
leveraged buyout the buyout of a company (by its Management) using borrowed capital.
verb intrans. Use borrowed capital for investment, expecting profits made to be greater than the interest payable. M20.

Right of first refusal (finance)


The right of a person or company to purchase some thing before the offering is made to others.