Leverage….Definition
The ability to influence a system, or an environment, in a way that multiplies the outcome of one’s efforts without a corresponding increase in the consumption of resources. In other words, leverage is the advantageous condition of having a relatively small amount of cost yield a relatively high level of returns. See also financial leverage and operating leverage.
Use leverage in a sentence
- The company can leverage its assets to request better terms of agreement for building expansion loan, for example smaller down payments, or lower interest rates.
- While changing the oil under my car I was unable to get enough leverage in the tight space to turn the oil drain plug with a wrench.
- The manager had a plan that was well thought out, but she didn’t have enough leverage to get the administration to examine and approve of her measures.
Read more: http://www.businessdictionary.com/definition/leverage.html#ixzz3pQzIVKJY
Source….www.businessdictionary.com
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