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LSDefine

Simple English definitions for legal terms

leverage

Read a random definition: law of nature and nations

A quick definition of leverage:

Definition: Leverage is when someone borrows money to buy something that costs more than they have. This is often done when buying a house or investing in something. It can be risky because if the investment doesn't do well, the person could lose a lot of money. If someone has borrowed too much money and doesn't have enough to pay it back, they could go bankrupt.

A more thorough explanation:

Leverage is when someone borrows money to buy something, like a house or a business. It's a risky strategy because if the investment doesn't do well, the borrower could lose a lot of money.

For example, if someone borrows money to buy a house and the housing market goes down, they might owe more money than the house is worth. This is called being "underwater" on the mortgage.

Another example is a company that borrows a lot of money to expand their business. If the business doesn't do well, they might not be able to pay back the loans and could go bankrupt.

These examples show how leverage can be a high risk, high reward strategy. It can lead to big profits if the investment does well, but it can also lead to big losses if it doesn't.

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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