ˌleveraged ˈbuyout BrE AmE noun [countable] technical
when someone borrows money to buy all or most of the ↑ stock of a company by promising to pay the bank back by selling the company’s ↑ asset s if they cannot pay back the money they borrowed
ˌleveraged ˈbuyout BrE AmE noun [countable] technical
when someone borrows money to buy all or most of the ↑ stock of a company by promising to pay the bank back by selling the company’s ↑ asset s if they cannot pay back the money they borrowed
Longman Dictionary of Contemporary English. Longman - Словарь современного английского языка. 2012